
With Fed QT (Quantitative Tightening) running at a pace of $95 billion a month and the Treasury forecasting its cash balance to rise by $200 billion into year end, that amounts to a squeezing of liquidity that alone implies an 8% drop for the S&P 500 by the end of December, according to their model.
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Stock Market Today: Tesla Powers Tech Rally as S&P 500 Extends Win Streak
U.S. stocks pushed higher on Friday, wrapping up a strong week driven by surging tech shares and easing investor anxiety around trade and interest rates.
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