When I wrote here last week (“The Year Of The Fire Horse: The Year That Central Bankers Become Largely Irrelevant”) I speculated that the Fed will become irrelevant sometime in this Year of the Fire Horse. Little did I know that the speed at which this would occur, even before the Year of the Fire Horse began. Just in the last four days, here are three signposts that investors should pay attention to. We are decidedly on a path where the traditional “monetary quantitative easing (MQE)” has been replaced ….
The full note on this important topic can be downloaded at this link: LTA Thinking – How The Fed’s Powers Are Being “Cancelled” And What “Fiscal Quantitative Easing” Means For Investors