The Brains Trust-2022, page-1858

"Central banks do not control long-term interest rates. Market forces (supply and demand) determine equilibrium pricing for long-term bonds, which set long-term interest rates"

This is my concern over QE and QT it is financial engineering and it is not natural if you define natural as market forces.

Every time this happens- someone gets clever and tries to get around this something bad happens to chastise those who try and control nature.

If interest rates have been engineered since QE then asset prices may have been caught along for the ride.

My friends are getting sick of my abstract bearish views but anyone can have an opinion.

Hang Seng is below 2016 lows that is very bearish.