How The Fed Unleashed A "Schrödinger Equilibrium" Between The Economy And Markets
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How The Fed Unleashed A "Schrödinger Equilibrium" Between The Economy And Markets

Tyler Durden

Wed, 05/27/2020 - 15:15

In a fusion of finance (or what's left of it in a centrally-planned world where asset prices no longer discount the future) and physics, BofA's Claudio Irigoyen writes that the Schrödinger famous quantum physics experiment resembles the dichotomy that we find today between the state of the economy and some asset prices, in particular US stocks.

In 1935,...

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