Get Ready for ‘QT1’: A First Look at the Federal Reserve’s Hidden Policy

Jim Rickards is a stud--let's just get that out of the way.  He has the academic and government pedigree, but he is also street smart and clever to boot, as a hedge fund manager and former Wall Street attorney.  He's not a feckless bureaucrat by any stretch, often formulating a contrarian opinion divergent from Wall Street's echo chamber of group think.

The result is a straightforward, but insightful assessment of potential black swans, often combining theories of complexity and game theory.

https://dailyreckoning.com/quantitative-tightening-fed-hidden-policy/