May 2 2013
The $10 trillion question. The ever expanding central bank balance sheets: What does $10 trillion buy you in the market today?
The Federal Reserve has waded deep into uncharted territory. The Fed has concocted new ways of monetizing debt and allowing banks to essentially expand their balance sheets with no real repercussions to the financial sector. Of course the shrinking middle class might have something to say about this or the 47.77 million Americans on food […]