“By the end of 2013, the Fed’s historical flow operations will be accountable for 24% of US GDP. Why is this important? Simple: when the time comes for the Fed to unwind its balance sheet, if ever, the reverse flow process will be responsible for deducting at least 24% of US GDP at the time when said tightening happens. If ever. What is scariest, is that as of this moment, all of this is priced in. Any incremental gains in the stock market will have to come from additional easing over and above what Bernanke just announced.”
http://www.zerohedge.com/news/feds-balance-end-2013-4-trillion
Related posts:
The Next Step in Killing Cancer
3D-printed gun maker now has federal firearms license to manufacture, deal guns
Neo & Bee Bitcoin Bank Intro
Guilt by Musical Association
Congress resumes attacks on emigrants: the Ex-PATRIOT Act is back
What most schools don't teach
Sales Prices on Existing Family Homes and What It Means for 2013
Don’t become a casualty of the War on Cash
Internet Giants Got Millions From Taxpayers to Cover PRISM Spying Costs
Foreign Central Banks Keep Buying U.S. Treasury Debt
NSA ditching 90 percent of its system administrators to avoid leaks
Timeline: How ‘Salvator Mundi’ Went From £45 to $450 Million in 59 Years
India To "Look Into" Easing Gold Price Controls
How to create an Angry American
US DOT Blasts Mississippi For Diverting DUI Funds To Speeding Tickets