Why ‘quantitative tightening’ is the wild card that could sink the stock market
Quantitative monetary easing is credited with boosting stock returns and boosting other speculative asset values by flooding markets with liquidity as the Federal Reserve clawed back billions of dollars worth of bonds during the crisis financial crisis of 2008 and the coronavirus pandemic of 2020 in particular. Investors and policymakers may be underestimating what happens … Read more