STOCK MARKETS , ESPCIALLY WALL STREET HAS BECOME OBSESSED WITH THE FDERAL RESERVE‘S BALANCE SHEET RUNOFF, THEY THOUGHT THE FED WAS GOING TO STAY EASY,MARKETS ARE WORRIED THAT THE FED RUNOFF IS COMING AT ABAD TIME, WITH THE PROJECTED FINACING NEEDS OF THE TREASURY GOING UP
BUT THE FED IS FORCED TO TAKE THIS SPTEP, AFTER ECONOMY ON FIRMER GROUND TO SIPHON OFF THAT EXTRAORDINARY LIQUIDITY TO CONTAIN THE POTENTIAL INFLATIONARY EFFECTS , AND PREVENT ASSET PRICE BUBBLES
😀😀 POWELL‘S FED BETS ON RUNNING A HOT ECONOMY WITOUT OVERHEATING
