The New CS Board

[jumanji0881]

Sustainable ? I think NOT -

The Cost Of Saving The Economy: $1.7 Billion Per Hour Every Hour : https://www.zerohedge.com/markets/cost-saving-economy-17-billion-hour-every-hour

My Comment: So when does this get reflected in the POG and when does the Fed get overwhelmed (in the next recession the Fed will not be able to save the economy)

Excerpt:
But there is another, more tangible reason, why investors feel emboldened by central banks. As Hartnett calculates, the Fed has bought $4 trillion bonds in the past 18 months, twice the amount the US spent on War in Afghanistan past 20 years...... as it, and other global central banks, have spent $834 million every hour buying bonds since COVID.

Add to this that the US government spends $875 million every hour in ’21 and one gets a staggering number of $1.7 billion spent between central banks and the profligate US government to prevent a market crash economic disaster. As Hartnett puts it, "little wonder everyone believes in TINA & BTD."