Bank of America: "We Have Not Seen This Movie Before"

Zero Hedge -

Zero Hedge—With just months left until the global central bank liqiudity supernova finally ends, and turns into a drain of cash ... ... Bank of America has published its latest Quantitative Tightening analysis, writing that whereas Quantitative easing was mostly characterized as an environment with too much money chasing too few bonds, lower interest rates, tighter credit spreads and volatility was suppressed, "there is no doubt that quantitative tightening (QT) at times will lead to the opposite - i.e....