Does it make sense to plot multi-decade asset prices on a linear scale? How reliable are macro ‘profit’ estimates? Why is the curve flattening and what will a reduction in Central Bank reserve balances mean for assets? S0me recent short snaps from my LinkedIn & Twitter feeds plus you can watch my latest update ‘China: […]
Tag Archives: Balance sheet
[This article appeared in slightly abridged form in the Epoch Times under the title, ‘The Fed’s Quantitative Tightening‘] The older a bull market gets, those who are paid to comment on it become more and more desperate for new things to say about it – a professionally pressing need which tends to split the pundits […]