Revealing in lockstep MAJOR money moves..

For the first time in history, the world’s top central banks are shrinking their balance sheets (QT) at the same time.

Last month, the Bank of Japan announced that it would reduce its bond holdings worth ~$5 trillion.

Now, the BoJ joined the Fed, the European Central Bank, the… pic.twitter.com/9ZiVM87Ffs

— The Kobeissi Letter (@KobeissiLetter) August 25, 2024