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 Employment Preview
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On Friday at 8:30 AM ET, the BLS will release the employment report for
April. The consensus is for 210,000 jobs added, and for the unemployment
rate to be...
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