Fed Turns Down The Fire Hose Of Their Massive Quantitative Easing

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In hisDaily Market Notes report to investors, while commenting on Louis Navellier wrote: Q3 2021 hedge fund letters, conferences and more Relief RallyThe Wall of Worry about the Fed finally turning down the fire hose of their massive Quantitative Easing has turned into a relief rally with back-to-back new all-time highs in all the major stock indexes, even the Russell. Today, the interest rates for the 10 and 30-year US Treasuries actually fell. The central bank surprise was that the Bank of England, which was projected to raise rates 15 basis points, instead held firm. That may have been beca…

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