just released forecast by SocGen's Alain Bokozba, which extrapolates what will happen when the Fed's balance sheet stops rising, and applies the same drop to...

James McKay

just released forecast by SocGen's Alain Bokozba, which extrapolates what will happen when the Fed's balance sheet stops rising, and applies the same drop to stocks as was seen at the end of QE1 (-16%) and QE2 (-17%) and concludes that the end of QE3 would cost the S&P500 15%


James McKay

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