Striking Changes in Global Markets - A Quick Overview

Good morning! The stock market rally is raising concerns, uncomfortable shifts have seen drastic changes, and we seek readers' opinions. The Fed is evaluating quantitative tightening (QT) impacts. The paper reports that QT has minimal impact on market functioning and liquidity, and it's different from quantitative easing (QE). Uber's CEO defends the buyback plan. Executives' skill in timing buybacks is debated. A good read, and a featured podcast and recommended newsletters close this newsletter.