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Non-Tech : Kirk's Market Thoughts
COHR 170.45-2.6%3:59 PM EST
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To: robert b furman who wrote (7968)12/17/2019 12:25:00 PM
From: Kirk ©1 Recommendation

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berniel

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If you look at the graph of the fed balance sheet I posted on FB, the level of QT1 hasn't been offset by the recent QE so my guess is he can consider it undoing QT1 or just part of QE3 that was not taken back by QT1.... complicated mess so I agree with you... they started burning money (QT) that they printed during the last round of QE so that hurt the markets but now they are printing again, the markets are happy.
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