Kind of bored and want to shoot some shit before going to bed but don't want to wake up too early and be depressed looking at the futures before the market open, lol.
Tbh I think what they actually want is to make so many big companies so dependant to AI that when inevitably the bubble burst the govnemrnet will bail them out because they have become too big to fail and are too integrated into so many national and private companies
No, Fed will print before that. Powell confirmed they don't want to wait too long and a growing, strong economy is enough of a reason to print.
Last FOMC:
>Steve Liesman: if you stop the runoff now, does that mean you have to go back to actually adding assets sometime next year so that the balance sheet doesn't shrink as a percent of GDP?
>Powell: So you're right. The the place we'll be on December 1 is that the size of the balance sheet is frozen.... And because the size of the balance sheet is frozen, you have further shrinkage in reserves. And reserves is the thing that we're managing that has to be ample. So that'll happen for a time but not a tremendously long time. We don't know exactly how long but at a certain point you'll want to start to grow reserves, to start gradually growing to keep up with you know the size of the banking system and the size of the economy.