Yes it was great till it lasted.
Growth of global central bank balance sheets is over for now ... cumulative sum of holdings from Fed, ECB, BoE, BoJ, and SNB is rolling over
In case you have not noticed.. asset prices have a very strong correlation with CB balance sheets.
They made you rich and now they are coming for your wealth
Ps PBOC is still expanding B/S
( chart courtesy Bianco research)
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Ok