Great Article ron. All the comments are interesting as well. So with the latest information we hear from the Fed about letting the economy overheat a bit mean that the Fed won't reduce their balance sheet at all? And is there anyway they can create a managed recession or soft landing by slowing or reversing the purchase of the new and outstanding debt while BOJ/ECB buy a little in the meantime? I think you alluded to that hand-off but wasn't sure what the net effect was. Is it keeping the yield curve anchored basically where it's currently at?
Great Article ron. All the comments are interesting as well. So with the latest information we hear from the Fed about letting the economy overheat a bit mean that the Fed won't reduce their balance sheet at all? And is there anyway they can create a managed recession or soft landing by slowing or reversing the purchase of the new and outstanding debt while BOJ/ECB buy a little in the meantime? I think you alluded to that hand-off but wasn't sure what the net effect was. Is it keeping the yield curve anchored basically where it's currently at?