by Wolf Richter • Nov 2, 2017 • 89 Comments
But what’s happening with mortgage-backed securities?
http://wolfstreet.com/2017/11/02/fed-begins-balance-sheet-normalization/

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.