“Bulls Have Become Completely Desensitized To Risk”

Authored by Lance Roberts via RealInvestmentAdvice.com,
Review & Update
Two weeks ago, I noted:
‘I have a sneaky suspicion that when I update the Fed Balance Sheet reinvestment analysis next week, shown below, we are going to find a substantial, well-timed, reinvestment by the Central Bank. Wanna bet? Well, here is the updated chart of the 4-week net change to the Fed’s balance sheet. As you can see, reinvestments have, once again, returned to the market in a very ‘timely’ fashion. Of course, since the Fed claims they are not trying to, nor are they influenced by, the markets, this is purely coincidental. (#SarcasmAlert)’

This post was published at Zero Hedge on Sep 17, 2017.