The chart of the week is courtesy Charles Hugh Smith and shows the current balance sheet of the FED. The current balance sheet show a total asset base exceeding 4.5 Trillion dollars thanks to a series of quantitative easing (QE). This is up from the 1.0 Trillion mark in 2008 when the FED flooded the world with cheap money via its unconventional monetary policy. Wonder how long this continues?
First Ever Thai Festival In New York City Happens This Weekend
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This event in Manhattan is the first of its kind that's centered on Thai
cuisine. Twelve Thai restaurants will be participating.
52 minutes ago