I am way behind on posting the weekend Fed Report due to the arrival of our new granddaughter on Thursday afternoon, but one thing I see is what I warned about in the last couple of reports since the Fed announced QL-I (Quantitative Leveling One). The balance sheet collapse is racing out of control and the Fed will have to massively step up its Treasury purchases next month.
Stay tuned for more of the exciting details to be posted in the Fed Report late tonight- hopefully by midnight ET. The market update will be posted Monday morning before the NY open.
Update- Not going to make it by midnight. Possibly 2 AM.
Stay up to date with the machinations of the Fed, Treasury, and foreign central banks in the US market in the Fed Report in the Professional Edition, Money Liquidity, and Real Estate Package. Try it risk free for 30 days. Don’t miss another day. Get the research and analysis you need to understand these critical forces. Be prepared. Stay ahead of the herd. Click this link and get in RIGHT NOW!