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Jared Dillian, Editor, The Daily Dirtnap

Alpha Exchange

CHAPTER

How Does Monetary Policy Fit Into Risk and Reward?

How does monetary policy fit into your overall approach for assessing risk and reward? Right now the fed is sort of in crisis with trading scandal, which his gone back to powell. What you're going to see at the fed is a really big ideological transformation. It's begun to become a more dovish fed. But i guess the point is, is that if the fed ever gets around to withdrawing liquidity, it's going to be a very big, vall expanding event.

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