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Everything is fine. It's only Chile.


Mr. WizardMr. Wizard
I don't know if reducing the FED's (and the ECB's is worse) balance sheet is a pipe-dream, but I was screaming when Powell said "I have a number in mind" because that was clearly a dream. 
The data says both Fed and ECB have no choice right now, for whatever reason. Might as well take lessons from Kuroda. 
And the RBA will join the three of them in the crapper soon enough. 11/27/19