What’s the Fed doing to try to prop the markets? Nothing (Not a typo). Ben and the gang actually cut the Fed’s balance sheet this week. I have to wonder if it’s a matter of reluctance on their part or reluctance on the part of those who would be the recipient of the Fed’s largesse. Most of those guys probably want to reduce the size of their balance sheets too, which is why the Fed could be having trouble increasing the size of its own balance sheet. Or maybe they just don’t want to. The Fed could have Zimbabweimarophobia, a disorder peculiar to some, but not all, central bankers. 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.