The Chickens are Coming Home

Well, the nearly free liquidity the last decade has really hit a wall. The Fed announced this week that they are raising the Fed Funds Rate another 75 basis points and expressed their intention to repeat this hike two more times by year end. The 2-year yield has surpassed 4%, which will force investors to reconsider the risk premium for bonds and equities. And not to mention, there's a $8.7 trillion Fed balance sheet that needs to be unloaded.

Cheers,

Find us on Twitter, Instagram, & Facebook (Meta) @DRUNKENOMICAL

Merch: drunkenomics.myspreadshop.com

Patreon: patreon.com/drunkenomics

Stay Drunkenomical y'all!!