Wall St. For Main St., Released on 6/18/20

The Fed’s official balance sheet surprisingly fell about $74 billion dollars in the last week (Most in a week since May 2009) despite the US Treasury needing to sell $3 trillion worth of US Treasuries in Q2 2020 with no more net foreign buyers of US Treasuries.

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.

  coronavirus, economy, Fed, Fed balance sheet, Jason Burack, stock market