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> Oddly enough, the stock market typically rallies from the yield curve inversion right into the next recession. In addition to buybacks, the Fed has been buyi
by sangnoir 7y ago
> Oddly enough, the stock market typically rallies from the yield curve inversion right into the next recession.
In addition to buybacks, the Fed has been buying treasuries like crazy[1] since September 2019 (they claim it's totally not Quantitative Easing) - so lot's of fed dollars are juicing the stock market rn.
1. $100-billion-per-month worth of "not-QE" https://www.marketwatch.com/story/the-federal-reserve-is-stuck-in-quantitative-easing-hell-2020-01-16 https://www.marketwatch.com/story/the-federal-reserve-is-stu...