Fed H8 Data update. GET YOUR HELMETS ON! Net Unrealized Gains drop another $6.4B across all banks, to -$11.4B of Net Unrealized Gains across all securities. Treasuries & MBS currently sit at -$9.96B – Big Banks: -$9.38B. ALL UNREALIZED GAINS ARE IN THE NEGATIVE FOR ALL BANKS.

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by laflammaster

https://www.federalreserve.gov/releases/h8/current/default.htm

Looks like they are trying to approach the market like the apes.

Trying to form diamond hands out of shit in their hands.

Problem: Those securities were pumped by the Fed.