Fed Moves To Quantitative Contraction, QC Did Anyone Notice?
January 21, 2016 at 07:20 AM EST
US Monetary Base contracts in December. This is serious tightening by the Fed with a much greater impact than the 0.25% hike in the Funds rate. This should lead to a higher U.S. dollar and steady long term rates.. Pressure on the DJII price is up.
