Janet Yellen’s criminal BTFP cash giveaway to her banking friends has 84 days left until it’s supposed to be shut down and all paid back. Golly, I wonder if she’ll extend it? Gosh, I wonder if [redacted by author] Gee! At the moment, it’s at another new record, approaching a quarter TRILLION dollars of cash.
This has helped keep Slope’s Fed Spread elevated, although it’s still much lower than the S&P itself.
