The Fed Balance Sheet Is Close to Ninety-Ninety

There's a very high correlation between the fed balance sheet, which is now close to nine trillion, and what the equity market does. Some estimates say the fed balance sheets going to come down by at least three and a half trillion. All i can imagine is that the bulls just get paid to be bullish. They commiserate with most of the people that pay their incomes, so they've got to be positive. So bulls have to be bullish in terms of being reality, which is where i see them being delusiona well, at this environment, speaking os, i think the market goes lower.