SpyMasterTrades on Nostr: Although the #Fed has ostensibly been tightening monetary conditions due to ...

Although the #Fed has ostensibly been tightening monetary conditions due to inflation, this year actually experienced a significant increase in the monetary base.

As of the time of writing, 2023 has seen the 6th largest increase in percentage terms and the 4th largest increase in nominal terms of any year since the Great #Recession.

This is, in large part, why risk assets have rallied strongly this year.