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Aug 06 2021

Liquidity Letdown?

  • Aug 6, 2021

Stock market liquidity might seem plentiful, with the Fed still buying $120 billion in bonds per month under the all-too-predictable continuation of what was first billed as an emergency operation. However, the steadiness of QE masks a major second-quarter reversal in “excess liquidity.”

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager