The Fed increased its balance sheet by $2.2 billion in the week ended November 7. Stocks enjoyed a strong rally. The S&P 500 Index rose 102 points. The Fed now has to reduce $52.2 billion this month, assuming they don't make up the smaller reduction in October, in which case the reduction could go as high as $68 billion.
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Stupidity; Soho; Stiglitz; and spam
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