Fed On The QT. What Does That Mean For The Bulls?

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The Federal Reserve is about to start its quantitative tightening (QT) plan. Looking at their balance sheet, it made a tick lower last week as their plans to wind things down is about to begin. While reducing the monetary stock may have a negative impact for risk assets, it's inflation that they will have trouble fighting. (RES, NOG, OXY, XOM, FXI, ASHR, KWEB, BITO, COIN, TLT, HYG, XHB).

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