The DC Today - Monday, February 26, 2024

Today's Post - https://bahnsen.co/3Iya6nH Financial markets have absorbed the $1.5 trillion (or so) of quantitative tightening thus far quite well, but reverse repos were at high levels, and bank reserves (and money market liquidity) were not challenged. Will the Fed press more QT when RRP’s hit zero? Color me skeptical. Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com