[entropy12]

This should cause lot of pain to Go Brandon's party in coming mid-terms.

[Tell It Right]

I read that the Federal Reserve is planning to lower their balance sheet by $90 billion. That sounds like a lot, but since their balance sheet is $9 trillion, we're talking about lowering it by only 1%.

In other words, if inflation is still way too high and needs to come down, then the only other arrow in the Fed's quiver is to raise interest rates bigly. Or they could change their mind and reduce their balance sheet a lot more.

Either way it lets a lot of air out of the way overinflated market and a lot of new investors are going to have a trial by fire.

[Starboard]

These numbers are misleading.

The actual rates are much higher than the headline numbers.