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  • Tianyu William Xiao

The End of Endless Money

The Fed will almost certainly hike rates in March and end net purchases of assets (tapering). Equity markets saw a sharp correction (in particular higher duration / growth stocks more sensitive to higher yields). While JPow promised nothing in particular, he pointed out that a balance sheet reduction will be "orderly and predictable". With yield curves flattening, what does this mean for investors?

The End of Endless Money
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