The Sanderviks Tail Risk
A mini-Taper Tantrum, recovery in business confidence and the risks of Sandervism
Sometimes Occam’s Razor is not the Answer
Some market participants suggested that the Federal Reserve’s actions in the fourth quarter to maintain ample reserve levels might have contributed to some degree to the rise in equity and other risk asset prices.¹
“Clarida: Unsure Market Is Really Pricing in Rate Cut Expectations”²