China’s Central Bank Now Has World’s Largest Balance Sheet As $1.1 TRILLION Is Injected Into Markets Via Repos.
China’s central bank, the People’s Bank Of China, now has the world’s largest balance sheet topping even the European Central Bank (ECB).
Only The Federal Reserve is shrinking its balance sheet … for now.
https://confoundedinterest.net/2019...njected-into-markets-via-repos-curves-kinked/
Is it enough yet, to keep China's market/economy going..?
I wonder if there is an end game in all of this, or if we will be forever stuck in a never ending low interest rate/QE environment...?
I'm guessing that the longer this is allowed to go on then the harder the fall will be, if it ever comes...?
Definitely interesting times..
Short Term Trading Week Starting: 14 Jan, page-161
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