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Bears impatient on the QT

Summary:
Everyone is bearish on the QT but Fed not really imposing the QT policy yet… frustrating for the bears…Effectively still no QT yet:Somebody tell Chair Powell he's supposed to be shrinking his balance sheet by .5bn per month pic.twitter.com/NnGVXJlKYl— Court Hoover (@CourtHoover) August 12, 2022 Bearish on the Fed alleged forthcoming QT:[embedded content]

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Everyone is bearish on the QT but Fed not really imposing the QT policy yet… frustrating for the bears…


Effectively still no QT yet:




Bearish on the Fed alleged forthcoming QT:




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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