Posts Tagged "bad data"

Cheering on bad data

Posted By Darren Winters on Nov 18, 2019

Cheering on bad data because it will bring more central bank easing is again the market’s narrative. The Fed has reverted to more quantitative easing or QE4, but would rather refer to it as balance sheet expansion. Moreover, the Fed’s rate cut trio has convinced traders that central bank easing is yet again underwriting the risk-on trade. The Fed’s rate-setting committee, known as the FOMC committee cut rates a third...