Is it interesting that the Fed reduced its balance sheet and the stock market declined? Is it interesting that every single action the Fed has taken since the Financial Crisis has been looked at with fine detail, and has had a major impact on financial markets, reverberating for years afterward? Or is it now understood that the Fed is everything and we should just hope they will print until we achieve fiat confetti?
Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level (WALCL) | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/WALCL
(14) Sven Henrich on Twitter: “Fact: The S&P 500 peaked on June 8th during the same week when the Fed’s balance sheet peaked. https://t.co/8w1yAigezB” / Twitter
https://twitter.com/NorthmanTrader/status/1276432081258717184
fed BS 6.25.jpg (1016×686)
https://www.zerohedge.com/s3/files/inline-images/fed%20BS%206.25.jpg?itok=Q0sFk9KX
FRB: H.4.1 Release–Factors Affecting Reserve Balances– June 25, 2020
https://www.federalreserve.gov/releases/h41/current/
Fed BS vs SPX.jpg (909×503)
https://www.zerohedge.com/s3/files/inline-images/Fed%20BS%20vs%20SPX.jpg?itok=Uw6NZYDE
Fed puts restrictions on bank dividends after test finds some banks could be stressed in pandemic
Fed stress tests US banks for the pandemic era | Financial Times
The Biggest Disconnect Between Prices And Profits In Stock Market History? – The Felder Report