![Mohamed A. El-Erian on X: ".#Fed's balance sheet continues to increase, now very close to $9 trillion. It's very hard, if not impossible, to justify the #Fed pumping yet more #liquidity into Mohamed A. El-Erian on X: ".#Fed's balance sheet continues to increase, now very close to $9 trillion. It's very hard, if not impossible, to justify the #Fed pumping yet more #liquidity into](https://pbs.twimg.com/media/FJ-Nv7KWQAMJe-L.jpg)
Mohamed A. El-Erian on X: ".#Fed's balance sheet continues to increase, now very close to $9 trillion. It's very hard, if not impossible, to justify the #Fed pumping yet more #liquidity into
![FXHedge on X: "RECENT FED BALANCE SHEET TRENDS POINT TO WHY THE MARKET WON'T STAY DOWN https://t.co/EX3hbmfTcm" / X FXHedge on X: "RECENT FED BALANCE SHEET TRENDS POINT TO WHY THE MARKET WON'T STAY DOWN https://t.co/EX3hbmfTcm" / X](https://pbs.twimg.com/media/FscdLBUaIAEXPHg.jpg)
FXHedge on X: "RECENT FED BALANCE SHEET TRENDS POINT TO WHY THE MARKET WON'T STAY DOWN https://t.co/EX3hbmfTcm" / X
![Mish's Global Economic Trend Analysis: Financial Engineering Chart of the Day: Fed Balance Sheet vs. S&P 500 Mish's Global Economic Trend Analysis: Financial Engineering Chart of the Day: Fed Balance Sheet vs. S&P 500](http://2.bp.blogspot.com/-u71VdzNPHkU/Vqhxxk73ulI/AAAAAAAAhOA/SuFzua0CWSM/s1600/QE%2Bvs%2BS%2526P%2B500.png)