The fed’s balance sheet went from roughly 4 t down to I think ? 3.5 T and now it’s ramping up again at the top of cycle + lending hundreds of billions a month t

The fed’s balance sheet went from roughly 4 t down to I think ? 3.5 T and now it’s ramping up again at the top of cycle + lending hundreds of billions a month to banks in the repo markets. Given the pace we’re going at now I doubt we’ll be able to sustain the pace in a recession