In less than two years the Fed deployed more money than during, and in the 10 years after, the great financial crisis.
After less than two years, the total amount of fiscal stimulus, as measured by the fiscal deficit spending, has reached a mind-blowing $6 Trillion.
Fueling stock buybacks - Investment-grade debt issued in this year and last year was a total of $3.1 Trillion, almost half the size of the total IG market.
Last year, there were double the number of transactions done for $4 billion or more compared with this year.
Several prominent companies tapped the IG market in 2021, including Verizon, AT&T, Amazon.com Inc., Oracle Corp., Comcast Corp. and Apple Inc. These six issuers comprised 21% of the year's total volume, with all completing bond transactions of $15 billion or more.
Looking back over the last 30 years - it is HIGHLY unusual for the Fed to hike rates with consumers in this kind of pain.
America's life expectancy last year declined by an unprecedented 1.8 years to 77 years.
https://www.thebeartrapsreport.com/blog/2021/12/26/a-colossal-theft-in-pain-sight/
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