Latest / Pento Portfolio Strategies LLC
Same Fed?
June 18, 2026 The Fed, under its new Chairman Kevin Warsh, said last Thursday that it will be purchasing $10 billion per month of Treasuries to ensure the banking system has ample reserves. He reasserted the proclivity for balance sheet growth at his first FOMC meeting and press conference. I have two problems with this. […]
The skinny
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