Yesterday surprised me. I did not expect a big selloff, obviously. I saw nothing in my work to suggest one. It’s not that that never happens. As the great trading coach Joe Kuharich said, “It’s rare but not unusual.”
Cue audience laughter. 😄
Yesterday surprised me. I did not expect a big selloff, obviously. I saw nothing in my work to suggest one. It’s not that that never happens. As the great trading coach Joe Kuharich said, “It’s rare but not unusual.”
Cue audience laughter. 😄
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Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
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