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The Unusual Cycle

The Unusual Cycle
A woman wearing a face mask walks past a “now hiring” sign in front of a store in Arlington, Virginia, on Jan. 13, 2022. Olivier Douliery/AFP via Getty Images
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Commentary

With the Federal Reserve rapidly scaling back its large-scale asset purchase program, or quantitative easing, and likely to indicate a faster tightening cycle at the next Federal Open Market Committee meeting at the end of the month, investors are celebrating by continuing to funnel money into risk assets. As the fiscal spigots go dry, investors are also dumping bonds in hopes of profiting on a sure bet of higher interest rates.

Steven Van Metre
Steven Van Metre
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Steven Van Metre, CFP, designs and manages unique investing strategies. He has a YouTube show where fans across the globe tune in to hear his thoughts on the global economy, monetary policy, and the markets.
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