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?
Real Madrid Freezes Important Contract Renewal, Reports OK Diario
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La Liga giants Real Madrid have frozen an important contract renewal until
the end of the season according to the Spanish media.
26 minutes ago