Here's the weekly change in the Fed balance sheet against the weekly change in the Fed's balance sheet. To my eye they are still showing correlation. The bull case is the choppy market is lining up. The bear case is the Fed has been propping up the market and it's all downhill from here.
April 19th COVID Update: Weekly Deaths Decreased
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[image: Mortgage Rates]Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
*It is likely that we will see pandemic lows for...
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