Fed’s Balance Sheet Is Expanding At $120 Billion A Month

Commenting on the expansion of the Fed’s balance sheet and today’s markets strategist Louis Navellier wrote in a note to investors: Q4 2020 hedge fund letters, conferences and more Expansion In Fed’s Balance SheetThe Fed’s balance sheet is now $7.693 trillion and is expanding at $120 billion a month. At this pace, it will cross the $8 trillion threshold by June. This dramatic balance sheet expansion, combined with rampant deficit spending, resulted in a situation where the economic damage from the pandemic was twice as bad as that of the Great Recession of 2008, yet the damage to financial mar…

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