4min chapter

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#56: Joseph Wang On How The Fed Forever Altered The Investing Landscape

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Fed's Plan to Normalize the Balance Sheet

Barrens: We are locked in a world where there will always be QE because the Fed will have to ultimately become the buyer again. The growth in Treasury issuance is faster than the market can handle by itself, he says. "I suspect that you will eventually get to a point where you could have some accidents happen," Barrens adds.

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