"YCC Is Now Inevitable": Michael Hartnett Reveals The "Biggest Story Of The 2020s"

Tyler Durden's Photo
by Tyler Durden
Sunday, Apr 14, 2024 - 11:00 AM

"Biggest piece of M&A in past 12 months was the merger of Treasury & Fed.”

- Michael Hartnett's "Zeitgeist" quote

It's always refreshing when one of the smartest people on Wall Street, BofA Chief Investment Strategist Michael Hartnett, decides that one of our tongue-in-cheek articles from over 4 years ago, in which we described the Fed's loss of independence to the Treasury (i.e., the US government) in the days following the covid shocks...