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Fed’s Tightening Has Not yet Killed This Bull

#Fed’s tightening has not yet killed this bull | #ChartOfTheDay


  • As the one-year rate was pushed down by the Fed’s loosening policy through QE following the Global Financial Crisis
  • The S&P 500 soared, typical “asset price inflation”
  • The tightening since 2015 has not yet killed this bull


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