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QT already starting

Summary:
Sell Mortimer! Sell!!!! Who’s going to buy them now????  🤪Fed’s holdings of Bills being redeemed this week:Fed’s holdings of Notes and Bonds being redeemed this week:No purchases last two weeks:SOMA balance down B last week and looks like A LOT more this week:Oh no! They’re draining the money supply!  😂Art Degree moron unqualified douchebag hijinx proceeding apace..  🍿🍿🍿

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 Sell Mortimer! Sell!!!! Who’s going to buy them now????  🤪


Fed’s holdings of Bills being redeemed this week:

QT already starting


Fed’s holdings of Notes and Bonds being redeemed this week:

QT already starting

No purchases last two weeks:


QT already starting


SOMA balance down $15B last week and looks like A LOT more this week:


QT already starting

Oh no! They’re draining the money supply!  😂

Art Degree moron unqualified douchebag hijinx proceeding apace..  🍿🍿🍿


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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