Friday, May 20, 2022

The European Central Bank Doesn't Seem To Like Europeans

Ditto for the Federal Reserve re: Americans.

Why are they so reluctant to shrink their balance sheets?

That's a serious question. There is something about Quantitative Tightening that makes the banks very slow to get going.

The re-tweeter seems to have an idiosyncratic filter for what he shares. 

https://twitter.com/chrismartenson