Given that the FED has promised to bring the balance sheet down. Why hasn't the market adjusted to this reality?
Could it be that:
- Wall street has priced in the shrinkage and it is not a big deal. They got the models! Liquidity is abundant. Buffet indicator is B.S.
- They are optimistic the FED will pivot last minute.
- They are honeypotting less sophisticated investors before rug-pulling them.
Submitted February 20, 2023 at 12:48AM by Emibars https://ift.tt/tVCZ2SG
