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2min chapter
The Fed's $3 Trillion Problem | Maroon Macro & Joseph Wang
Forward Guidance
Introduction
The stock market, NASDAQ is down 2.8%, so pretty violent day. But for those of you who are still bullish, there seems to be some positive squawks from some Fed commentators. That would be what happens next Wednesday, June 1st; that's when quantitative tightening starts. We're going to start slowly with a ramp up over three months and then we'll go to full $95 billion a month.
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