Since early September 2019, the Federal Reserve's official balance sheet is up almost $200 billion dollars in less than 5 weeks. But, we were told that repo madness was not permanent?
Officially, the Fed's balance sheet is now up $185.885 billion dollars in less than 5 weeks since the end of August 2019! And the Fed was only able to sell about 17% of its balance sheet off with QT.
Monitor the Fed's official balance sheet here: https://fred.stlouisfed.org/series/WALCL
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.com.