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Tuesday, 21 November 2017

The FED's Balance Sheet is Exploding Higher

The Federal Reserve was supposed to start unwinding their balance sheet in October. It is now mid-November and the Fed Balance Sheet is growing rather than unwinding.
The System Open Market Account (SOMA) Holdings as of November 15, 2017 showed that their balance sheet actually grew by $1.72 BILLION.

So, The Fed has not started unwinding their balance sheet.


Yes, Stanley S. Fischer, Esq. and Jan ‘Janet’ Yellen are … WYLD STALLYNS!!!!!!


- Source, Snake Hole Lounge