Tag: QE

(7 September 2021) As the summer holiday season yields to the more sobering winds of September, financial markets await a new catalyst.  Buoyed by an accommodative Fed and the prospect of the economic re-opening,  stock markets have moved higher over the past several months with few significant interruptions.  While valuations may be becoming stretched by conventional measures, most investors are reluctant to sell given the absence of any viable alternatives with interest rates pinned near zero. And it's hard to blame them.  Inflation may be at its highest level in...