2016-01-08sovereignman.com

``Just two weeks ago, the Fed's total capital was nearly $59 billion. And even that wasn't very much given the size of its balance sheet. Today it's $39.5. This is an incredible 33% drop in just two weeks! '' -- And this is not counting at all what would be mark-to-market losses coming inevitably from interest rate rises (not to mention general bond market deterioration, esp. for Fannie/Freddie bonds...)



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