The chart of the week is courtesy Charles Hugh Smith and shows the current balance sheet of the FED. The current balance sheet show a total asset base exceeding 4.5 Trillion dollars thanks to a series of quantitative easing (QE). This is up from the 1.0 Trillion mark in 2008 when the FED flooded the world with cheap money via its unconventional monetary policy. Wonder how long this continues?
Rivian Says It Is On Track For 2024 Delivery Targets Despite Production
Challenges
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Rivian Automotive shares are up 1.5% in pre-market trading after the
company said on Thursday after market close that it is on track to turn a
gross prof...
59 minutes ago
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