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?
Elon Musk Admits Tesla Ads Were 'Far Too Generic' After Laying Off US
Marketing Team: 'Could've Been Any Car'
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The EV giant has removed its newly formed marketing team as part of the 10%
companywide layoff announced last week.
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1 hour ago