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QT Progress

Summary:
Started June 1 at 8,392Now after 7 weeks down to 8,369Down 23 when they said they were supposed to be reducing at a 47.5 per month rate…. Should be close to 8,300 … either they are technically incompetent or yes I know I know it’s all part of the “vast neoliberal conspiracy!”..

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 Started June 1 at 8,392

QT Progress


Now after 7 weeks down to 8,369


QT Progress


Down 23 when they said they were supposed to be reducing at a 47.5 per month rate…. Should be close to 8,300 … either they are technically incompetent or yes I know I know it’s all part of the “vast neoliberal conspiracy!”..



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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