❗️🇺🇸 #QT #QE #США #liquidity
The Fed officially ends the QT program on December 1.
After the last FOMC meeting, Jerome Powell effectively signaled that a QE program may be launched in the near future — the printing press will be activated and liquidity expanded.
Immediately after this, a number of Fed representatives began publicly discussing the need for a change in course, which only heightened expectations.
📈 Markets are pricing in the following events:
— launch of QE in the first half of 2026
— aggressive easing of monetary policy
— growth of risk assets against the backdrop of increased liquidity
— replacement of Powell by Trump with a 'own' candidate, who will cut rates faster
Result: the market is preparing for a new cycle of money inflow and a restart of growth.
P.S. This is just a perspective. Ultimately, it is the market that will show where capital will really go.