4700 seems kind of expensive in the short term when FED is in full force political fight against the inflation and yields broke out above 1.75 %. $SPY $TLT $TNX BOSTIC SAYS FED COULD EASILY PULL $1.5 TRILLION OF "EXCESS LIQUIDITY" FROM FINANCIAL SYSTEM, THEN WATCH MARKET REACTION FOR FURTHER BALANCE SHEET REDUCTIONS BOSTIC SAYS MARCH "REASONABLE" FOR FIRST INCREASE; RUNOFF OF BALANCE SHEET SHOULD BEGIN "SOON AFTER"
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