Quantitative Tightening (QT) is slowing, but don’t expect a return to “turbo QE” without a crisis forcing the Fed’s hand.

The 2008 crash, COVID panic, and bank failures triggered massive liquidity injections—but absent a black swan, policymakers will tread carefully. Markets hoping for a flood of easy money may be in for a rude awakening.

So, what’s the catalyst that could force the next pivot? History suggests it won’t be gentle.

HODL #Bitcoin