Looks Can Be Deceiving – Professional Edition Fed Report

The Fed expanded its balance sheet in a major way this week, but a look into the details reveals that the expansion was apparently funded once again by the growth of reserve deposits not related to the Fed’s lending programs. Cash is coming in to the Fed’s deposit accounts faster than it can push it back out into the market. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

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This entry was posted on December 12, 2008 at 1:43 pm and is filed under Money and The Fed, Professional Edition. You can follow any responses to this entry through the RSS 2.0 feed.