Countries are having to choose between the US or China, with more opting to align with China because of its outsized trade presence and capital flows.
$60 billion a month is good but the Fed may have to pay up to convince people to part with the securities since investors are clamoring to hold bills.
Backlash from Fisher's Unprofessional Comments Drives Pension Fund to Pull $600M Account
The Dow “slavishly followed the path of Fed policy — easing caused rallies and tightening caused corrections.”