NY Fed Discloses Repo Madness Averages $190 Billion Per Day!

Despite the NY Fed disclosing recently that Repo Madness averages (means that some days it's a lot higher) $190 billion dollars per day and not $120 billion dollars per day, the US Dollar Index is rallying and back over 98. 

The Fed's official balance sheet increased another $20 billion dollars in the last week. 

It's now increased $72 billion dollars in just the last 2 weeks and $279.5 billion dollars since the end of August 2019! About 5 months of Fed QT (balance sheet reduction) has now been reversed in barely 2 months!

- Source, Wall St for Main St