☠️ If You're buying this Market; Just Know this... ☠️

You're speculating at record highs. The Fed's balance sheet declined for the second straight week as of Wednesday, by $12 billion to $7.1 trillion, as more foreign central banks declined to renew maturing currency swap agreements.Total liabilities for all commercial banks have ballooned to over $18 trillion or 83.7% of GDP. Without buybacks rushing through the system how will Wall Street give us the illusion of earnings growth that hasn't existed in 5 years?

Yorum:

The Fed "is requiring large banks to preserve capital by suspending share repurchases, capping dividend payments, and allowing dividends according to a formula based on recent income" at least through Q3