The Fed's balance sheet update is out again today and the increase is massive! The Fed's balance sheet increased $113 billion in just the last week and is now just under $7.7 trillion! In under 4 months, the Fed's balance sheet is now up over $450 billion!
Track the Fed's official balance sheet here: https://fred.stlouisfed.org/series/WALCL?EUR<
George Goncalves (Bond Strategist) Tweet analysis summary of Fed's balance sheet increase: https://twitter.com/bondstrategist/st...?EUR<
A Democrat controlled CONgress and White House is also planning on spending trillions more in the next 2 years before the next US Congressional elections.
This admission of trillions more in spending being rammed down our throats by CONgress was caught on a hot mic by a Democrat senator in DC this week: WATCH: Dem Senator Caught on Hot Mic Admitting Democrats Will Ram Through Trillions in New Spending without GOP Support https://www.thegatewaypundit.com/2021...
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.