In case it wasn’t already obvious, here is the chart of the assets held directly by the Federal Reserve (symbol in SlopeCharts is FR:TREAST) and the SPY. The tail is wagging the dog.
In other words……….
One And The Same
In case it wasn’t already obvious, here is the chart of the assets held directly by the Federal Reserve (symbol in SlopeCharts is FR:TREAST) and the SPY. The tail is wagging the dog.
In other words……….
