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"other Fed Assets" Hits Record $133 Billion, More Than The Gdp Of Kuwait

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http://www.zerohedge.com/article/other-fed-assets-hits-record

That the Fed's balance has hit another record high (and will do so for at least two more weeks) should come as a surprise to nobody. After all, when something is at a record and grows relentlessly, it is pretty safe to say next week will be another record. That said, there were several curious observations in this week's H.4.1 update. First and foremost is that the "other Fed assets" category just hit an all time high of $132.7 billion. This category, which is now larger than the GDP of Kuwait, is apparently so comprehensible and transparent to the hoards of FOMC precleared journalists, that for the second meeting in a row, nobody feels like asking a question about just what is contained in this asset class. We also hope that nobody attempts a correlation between the Other Fed Assets class and the S&P. Another notable thing is that as we suggested back in January, the amount of MBS prepays continues to drop and has slowed down to a trickle.

Does the Fed publish what is in this "other asset" class? Or are the journalists being useless here by not asking?

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What journalists? do you mean the state/corporate propaganda scribblers?

Why do you expect them to risk their jobs, by asking inconvenient questions?

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What journalists? do you mean the state/corporate propaganda scribblers?

Why do you expect them to risk their jobs, by asking inconvenient questions?

They may not be risking their jobs, it could make their careers.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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