Fed Flow News Today

The latest data from the Federal Reserve reveal that bank assets grew by just 2% in 2023, constrained by an evaporation of deposit funding, where volumes were down 2%.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Land’s share in economies’ nonfinancial assets equals between 40% and 60%, and in the US currently equals over 50%. This constitutes a very large base for a non-distortionary tax. This column suggests that a 5-percentage point or larger increase in the tax rate on the value of US land, excluding buildings and equipment situated on the land, balanced by decreases in the tax

Coming off last week's $19.5 million influx of weekly new issues, supply this week is lower as the market watches the Federal Open Market Committee meeting.