One would think that, but 45 was in Davos saying it’s a great idea - been some interesting stuff on it this week. Personally I couldn’t be more against negative rates (I’d hit all of you with 100 basis points tomorrow if I was in Jerome Powell’s sweaty shoes).
Yeah they booed and hissed at Quantitative Easing, but nobody seems to notice how many emergency overnight injections the fed has made in the past 4 months. Anna Nicole took fewer uppers to get through a day.
#tapthebrakes