Uncharted Waters---Central Banks Have Never Attempted Large-Scale QT

The biggest risk to world stock markets, and asset prices in general, in 2018 is that G7 central banks (led by the Federal Reserve) are finally attempting to normalise monetary policy nine years after the American central bank commenced quantitative easing in December 2008, in the midst of the so-called “global financial crisis”.

 

https://grizzle.com/macro-battleship-the-big-picture/

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