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?
Blackstone (NYSE:BX) Announces Quarterly Earnings Results, Misses
Expectations By $0.02 EPS
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Blackstone (NYSE:BX – Get Free Report) announced its quarterly earnings
data on Thursday. The asset manager reported $0.98 EPS for the quarter,
missing the...
28 minutes ago