Q1 GDP Tracking: Movin' on Up
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From BofA:
Since our update last week, *1Q GDP tracking is up two-tenths to 2.1% q/q
saar*. [Apr 19th estimate]
emphasis added
From Goldman:
We left ou...
2021-12-31
Federal Reserve Reduces Balance Sheet to End 2021
The Federal Reserve reduced its balance sheet by $33 billion last week, bringing the one-month increase down to $107 billion. They were supposed to buy only $90 billion in December. Below is a chart of weekly changes inthe Fed's balance sheet along with weekly changes in the S&P 500 Index.
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