I was looking for the reason behind the sudden rebound in...

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    I was looking for the reason behind the sudden rebound in stocks.

    The FED has started to increase the size of their balance sheet again!

    Federal Reserve Board - Recent balance sheet trends

    Are they crazy?

    Their real interest rate is at least -5%.

    And, their unemployment rate is 3.6%.

    And, yet for some reason, they still feel like they need to do more.

    It is quite clear that they will never be able to wean themselves off QE.

    A bit sad actually. For a couple of weeks, I believed they had changed.










 
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