Investors Are Mispositioned, Again

Investors Are Mispositioned, Again
People walk wearing masks outside the Federal Reserve Bank of New York in New York on March 18, 2020. Lucas Jackson/Reuters
Steven Van Metre
Updated:
Commentary

Despite mountains of evidence and ample warning, investors are mispositioned ahead of the Federal Reserve’s accelerated tapering plans. On Jan. 13, the New York Fed announced its new purchase schedule, which began on Jan. 14, that will reduce its total purchases of U.S. Treasury and mortgage-backed securities to $60 billion per month—half of the amount the Fed was purchasing each month before announcing a balance sheet taper.

Steven Van Metre
Steven Van Metre
Author
Steven Van Metre, CFP, designs and manages unique investing strategies. He has a YouTube show where fans across the globe tune in to hear his thoughts on the global economy, monetary policy, and the markets.
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