'The Fed announced the unwinding of their $4.4 trillion balance sheet of dodgy mortgages, treasuries, and other Wall Street created dreck, many months ago. They had been all talk until the last week of January when they reduced their balance sheet by a measly .5%. Do you think it was just a coincidence the stock market imploded by 10% in an instant? Shockingly, the Fed increased their balance sheet by $15 billion over the next two weeks and the stock market rebounded dramatically. Weakening the dollar at the same time didn’t hurt either."
Yep thats what Ive been saying.
This guy stole my favorite saying "Dont piss up my back and tell me its rainin." Clint Eastwood.
