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Co
Jul 9

The Hawkish Free Cash - QT

What if I say $1 trillion QT (Quantitative Tightening) could be mini-mini QE? QE & QT seems like economics 101, but we’ve been through a few really weird years and the economy is behaving anything but 101. Rates keep climbing higher, QT liquidity drain troops on, yet “Resilience” has become the new buzzword. Restaurants are popping, stocks are roaring, crypto’s steady, inflation’s sticky…recession what recession? We all know QE, it's the Fed buying treasury bonds and mortgage back securi...
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Rates Sales & Trading (US treasuries & derivatives); in a love/hate relationship w/ macro & markets

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