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?

NASDAQ, DJIA & Bonds: A New Bullish Wave Is Beginning | Larry Williams
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Let's start with the three core market tools—often misunderstood and rarely
used together effectively: ■ Fundamentals determine value: Markets
ultimately ...
25 minutes ago