Are people evacuating soft landing island?
Real Vision: Finance & Investing
00:00
Is the TGA Drawn Down?
This cycle is going to be a very interesting one. As the classic don't fight the Fed, obviously that has been thrown out the window in the past couple of months. China can't continue to print in the way that it did in the 2009 environment. We're already seeing the Bank of Japan be forced to accept and deal with potentially higher interest rates in the United States. The TGA is eventually going to be drawn down. Right. It feels like everything's totally normal. And in economic terms, I'm just not sterilizing the cash that I'm contributing into the economy. behaviorally, that leads people to conclude things must be better.
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