Home market Dow turns negative, Nasdaq erases some gains as Fed’s Powell says #Fed could perhaps shrink balance

Dow turns negative, Nasdaq erases some gains as Fed’s Powell says #Fed could perhaps shrink balance

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Dow turns negative, Nasdaq erases some gains as Fed’s Powell says #Fed could perhaps shrink balance

Dow turns negative, Nasdaq erases some gains as Fed’s Powell says #Fed could perhaps shrink balance sheet at faster pace than last cycle. The chart highlights that Fed’s balance sheet really makes a difference. An expansionary Fed makes higher valuations possible. h/t Holger Zschaepitz

Dow turns negative, Nasdaq erases some gains as Fed's Powell says #Fed could perhaps shrink balance

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