RT @NorthmanTrader: What has a net worth of negative $27 billion and a leverage ratio of more than 100 to one?

"The Fed disclosed in December that it had $66b in unrealized losses on its portfolio of long-term mortgage securities and bonds, as of the end of September, equal to 170% of capital. It means the Fed had a net worth of negative $27b. https://t.co/jjK5dkP2SI"Read full news