https://twitter.com/ThinkTankCharts/status/1279122036577767424
This marks the third straight week of contraction, this time around of around 1%. As of July 1, the Fed’s total balance sheet size declined by about $74 billion to $7.06 tn 2/ pic.twitter.com/Uq5bZ1waD2
— Jonathan Fortun (@econchart) July 2, 2020
VIX still high relative to rally pic.twitter.com/H3gjUNZ3uM
— Win Smart, CFA (@WinfieldSmart) July 2, 2020
Just to put things into perspective: Combined mkt cap of #FANGMAN (Facebook, Amazon, Netflix, Google, Microsoft, Apple, Nvidia) hit fresh ATH at $6.75tn, equal to combined GDP of Germany and the UK. pic.twitter.com/CSTNAtrpYk
— Holger Zschaepitz (@Schuldensuehner) July 2, 2020
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