One thought about today

IG CDX @ 100 and SPX -22% caused the Fed to start QE4 in 2020. We’re there now.

IG CDX @ 100 and SPX -22% caused the Fed to start QE4 in 2020. We’re there now.

Can you outline your basis that IG CDX @ 100 and SPX -22% caused the Fed to start QE4 in 2020.

My thoughts are that they were concurrent, but not causes.

Craig