As part of Merk's in-house research, we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own process.
Today's topic: the Federal Reserve
"... Fed balance sheet contraction might get financial conditions to tighten more than the rate hikes..."