mistake

Reducing the Fed's balance sheet via quantitative tightening is "a total mistake", says Mizuho

Reducing the Fed’s balance sheet via quantitative tightening is “a total mistake”, says Mizuho

The Federal Reserve’s attempt to shrink its balance sheet through so-called quantitative tightening, or QT, is “a complete mistake,” according to Mizuho’s chief U.S. economist. “There is a non-negligible likelihood that market liquidity will be adversely affected well before the $2 trillion target is reached, preventing the Fed from reaching its target,” said Steven Ricchiuto, …

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The Fed Made a 'Big Mistake' and Could Push the Economy into the 'Great Depression' - Ark's Cathie Wood

The Fed Made a ‘Big Mistake’ and Could Push the Economy into the ‘Great Depression’ – Ark’s Cathie Wood

(Kitco News) The Federal Reserve ignores deflationary signals in the economy. And its hefty rate hikes could push the economy into something akin to the Great Depression, said Ark Invest CEO Cathie Wood. Deflation signals are already strong and the pattern resembles that of the Roaring Twenties a hundred years ago. “Before the Roaring Twenties, …

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