What is the “Waller Rule,” and what does it should do with greenback liquidity and your investments?
Following a speech final week by FOMC member Christopher Waller, Andreas Steno Larsen presents what he calls the “Waller Rule,” which means that QT will both have to sluggish or pause if USD reserves turn into equal to 10-11% of U.S. GDP.
He then breaks down why this potential situation may be unhealthy information for threat property within the second half of 2023. Recorded on January 24, 2023.
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