6 Comments

Great article, I like the 2018 throwback to the Fed's playbook in 2018: It just doesn't make sense to me that the market thinks it's a pivot when we think about the balance sheet and the work the Fed still has to do on that.

Also thank you for the shout-out!

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Thank you! Such an intense market environment. It's possible that, once again, the market is getting ahead of itself and Powell/the Fed will smack it back down again. Can't think that the Fed is happy about the largest 2-day rally since 2008...

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Very good. Thanks! I longed on Thursday, but I stay cautious. (Btw, I have worked several years on the question of how metaphors can be models or function as models. That would have been a very good example!)

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Thank you, Lennart. I hope that your trade works in your favor. Appreciate the support!

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Thankyou! - really educational and points visually backed up also with the use of a great but sad analogy - the Tsunami. Great article :)

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Truly appreciate that! Thank you.

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