The Fed money flood recedes

The flood of cheap and printed money that has boosted equity markets for a decade is receding.

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US Fed chair Jerome Powell: cold turkey is off the menu

Investors always keep a close eye on earnings forecasts, economic growth, and valuations. But they should be paying more attention to the most important headwind facing equity markets: the flood of cheap and printed money that has boosted them for a decade is receding.

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Marina Gerner is an award-winning journalist and columnist who has written for the Financial Times, the Times Literary Supplement, the Economist, The Guardian and Standpoint magazine in the UK; the New York Observer in the US; and die Bild and Frankfurter Rundschau in Germany.

Marina is also an adjunct professor at the NYU Stern School of Business at their London campus, and has a PhD from the London School of Economics.

Her first book, The Vagina Business, deals with the potential of “femtech” to transform women’s lives, and will be published by Icon Books in September 2024.

Marina is trilingual and lives in London.