The US central bank announced it would start purchasing $60BN in US Treasuries per month starting October 15. This will be in addition to rolling over "all principal payments from the Federal Reserve's holdings of Treasury securities and the continued reinvestment all principal payments from the Federal Reserve's holdings of agency debt and agency mortgage-backed securities received during each calendar month." Official Federal Reserve announcement PR today: https://www.federalreserve.gov/newsevents/pressreleases/monetary20191011a.htm The Federal Reserve's official balance sheet is still up over $190 billion dollars since the end of August 2019. Track the updates here: https://fred.stlouisfed.org/series/WALCL Follow the New York Fed's daily repo program updates here: https://apps.newyorkfed.org/markets/autorates/tomo-results-display?SHOWMORE=TRUE&startDate=01/01/2000&enddate=01/01/2000 QE4 "Not A QE" Begins: Fed Starts Buying $60BN In Bills Per Month Beginning Next Week https://www.zerohedge.com/markets/not-qe-begins-fed-start-buying-60bn-bills-month-starting-oct-15 Jerome Powell talked about the Federal Reserve expanding its balance sheet earlier this week but that it was "not QE." Powell says the Fed will start expanding its balance sheet 'soon' in response to funding issues https://www.cnbc.com/amp/2019/10/08/powell-says-the-fed-will-start-expanding-its-balance-sheet-soon.html Repo Market Liquidity Unexpectedly Deteriorates As Funding Shortage Surges 35% https://www.zerohedge.com/markets/repo-market-liquidity-unexpectedly-deteriorates-funding-shortage-surges-35 Goldman Expects QE4 To Start With A Bang: The Fed Will Buy $60BN Monthly For 4 Months https://www.zerohedge.com/markets/goldman-expects-qe4-start-bang-fed-will-buy-60bn-monthly-4-months Fed Announces QE4 One Day After BIS Warns QE Has Broken The Market https://www.zerohedge.com/markets/fed-announces-qe4-one-day-after-bis-warns-qe-has-broken-market Federal Reserve drops toughening liquidity rules on foreign banks https://amp.ft.com/content/cf529274-ead3-11e9-a240-3b065ef5fc55 Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt You can also checkout the Wall St for Main St Facebook Fanpage at http://www.facebook.com/WallStforMainSt or the Wall St for Main St Facebook Group where you can learn and join in on the conversation! Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 64 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Donate Crypto Currency to WS4MS: Send Bitcoin to: 1N5iDrazojYX5rWxmoyp982RDXJzJrFoPC Send Ethereum (ETH) to: 0x748dD59fA5d5dF80E8C0038DD4F60DAb810fe61a Send Litecoin to: MW7g44j5FX9CYEkvfPvxsW5dFjHY84yup4 Send DASH to: XuEEhWptwf1XxP2nFYQxmBfBBJYehqRoBJ Send Zcash (ZEC) to: t1MGcxyWpiH6JeyF9nnWHw9poRpvTW4PT6S Send Bitcoin Cash (BCH) to: qr7mp7f053rwnpxalxljl3f9x5tulzv53ya88d7wch Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**