Did the Fed Just Lie About QE?

Stocks opened slightly lower this morning before tumbling further shortly before noon.

November 23, 2021 1:02PM BREAKING: BUY ALERT JUST ISSUED Heads up -- this brand new buy alert was just issued. This is a time-sensitive alert, so it's urgent you see it today. This is a really unique trade. Don't miss this one! Click to get in on this trade... Did the Fed Just Lie About QE? Stocks opened slightly lower this morning before tumbling further shortly before noon. Rising rates sparked the midday selling as tech shares endured most of the losses. Fed Chairman Jerome Powell’s nomination – something that initially sent equities higher yesterday –has clearly had a negative impact on sentiment. Hawkish fears caused a bearish finish to the trading session prior. Today, investors saw more of the same. But plenty of analysts still believe that Powell’s nomination will prove to be a net positive for stocks, even after this morning’s spike in rates. “With a Powell-led Fed, we expect the speed of the QE taper to follow the data, likely speeding up if inflation prints continue at the pace of the October print with interest rate hikes to shortly follow the taper (June at current pace). The market believes this action will keep the Fed in control of inflation,” wrote Aptus Capital Advisors portfolio manager John Luke Tyner in a note to clients. “While the market is expecting a more hawkish response to current inflation, time will tell if it will be enough, as Powell is well established in the dovish camp of FOMC policy.” (...continued below...) Let This Find Your Next Trade - FAST The hardest part of trading is analyzing all the charts to find your next trade. It can take hours... 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We’ve not seen the Fed actually chase inflation down since the early 1980s.” The 10-year Treasury yield is now within striking distance of its November high. However, Powell’s nomination alone didn’t cause it to rise today. Nor did inflation worries. Something odd happened with the Fed’s bond-buying programs that prompted the Fed to postpone its scheduled purchase of 7.5 to 30-year Treasury Inflation-Protected Securities, otherwise known as TIPS. (...continued below...) "Crypto Nerd": Don't Buy Bitcoin - Buy THIS Instead This reclusive "crypto nerd" known for his uncanny ability to spot the hottest growth trends in crypto recently revealed the name and ticker symbol of one of his top buys for the next 12 months. It's part of a new "next gen" crypto wave that he believes is much more important - and potentially much more lucrative than Bitcoin. Go here for all the details. “Due to technical difficulties, today’s Treasury outright purchase operation - scheduled for 10:10 AM in the TIPS 7.5 to 30 year sector for up to $1.075 billion - is being rescheduled,” said the Federal Reserve Bank of New York. “It is now scheduled to take place Wednesday, November 24, 2021 at 11:00 AM.” The postponement provoked heavy TIPS selling today which sent rates higher. Equities dropped in response to the rising rates. If it’s true that the purchases were postponed for a purely technical reason, then rates should snap lower tomorrow and equities will likely rebound. On the other hand, the “technical difficulties” may actually be a smokescreen to cover for a lack of bond market liquidity. If that’s the case, rates should jump higher while stocks get crunched. Don’t forget that the Fed just started throttling quantitative easing (QE). After more than a year and a half of unprecedented dovishness, hiccups were bound to happen. 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