Abnormal

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The darlings at the Federal Reserve did, for a little while, attempt a feeble effort at “normalization” by selling off some of their trillions of dollars of assets, but of course the weak-willed and utterly amoral Jerome Powell abandoned that effort. Take careful note of this chart. As you can see, the assets held will soon cross into new record territory.

slopechart FR TREAST

All I can say……….