The FEderal Reserve has claimed that they would drop off the garbage debt that they own and allow the market to pick up the pieces. That was back in October. Well they have been cutting back to a very small degree and in fact we haven’t seen this low level since 2014. Could this signal the end of QE?
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Total US household debt soars to record above $13 trillion
Americans now have the highest credit-card debt in U.S. history – MarketWatch
Mnuchin Urges Markets to Shrug Off Tax Cuts, Debt Worries – Bloomberg
LA’s rules against sleeping overnight in cars will be enforced starting today – Curbed LA
How Any HNA Default Could Affect Markets: Analysts Debate – Bloomberg
U.S. Blocks a Chinese Deal Amid Rising Tensions Over Technology – The New York Times
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