Live: Federal Reserve Double Pace of Tightening Next Week. Uncharted Territory!

The Federal Reserve is about to double the pace of quantitative tightening (money destruction) from $47.5 billion per month to $95 billion per month. This is nearly twice as high as any prior tightening schedules all of which ended badly for investors. It all starts next week when the first treasuries roll off the Fed's balance sheet at the new rate. Nobody really knows what will happen.