Tuesday , November 5 2024

QT

Summary:
Have to watch the QT policy effect on this number in the lower right…Unqualified Art Degree monetarist morons think if this balance is seen to reduce then “banks have less money to lend out!” in their typical reification of the scientific abstractions of regulatory Accounting … and they think it’s bearish…

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Have to watch the QT policy effect on this number in the lower right…


Unqualified Art Degree monetarist morons think if this balance is seen to reduce then “banks have less money to lend out!” in their typical reification of the scientific abstractions of regulatory Accounting … and they think it’s bearish…



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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