Monday , April 7 2025
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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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