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Daily Archives: September 15, 2022
$95 billion in monthly liquidity reduction to begin today
Starting today, the US Fed has pledged to run off its balance sheet (reduce liquidity in the banking system via ‘Quantitative Tapering’) by $95 billion a month–double the amount they were supposed to have been withdrawing (QT) since the start … Continue reading
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Consumer dreams evolving
There’s an old saying: the best days of owning a boat are the day you get it, and the day you sell it. The sentiment is especially true when people borrow to buy recreational items. While usage of the lifestyle … Continue reading
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