War is Over

September 20th, 2021:
When the tapering starts, and the asset markets convulse in response, it’s not going to feel bad at all. It’s going to feel like a breath of fresh air. Prices will reflect the end of the maelstrom. Deceleration will allow us to catch our collective breath and check our heart rate as the thuds begin to subside. Paradoxically, the slowing of all the liquidity will feel like rain in the desert, for …

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Billy Hunter