JEPI - The White House Fed Inflation And Flow Of Funds For November 2020

• The private sector balance increased by over $181 billion in November, thanks to federal government fiscal support and commercial bank credit creation.
• Credit creation from commercial banks was a robust $92 billion.
• Month over month, the level of fiscal support from the monetary currency sovereign supported markets through November and looks to continue into and year's end.
• Sentiment events such as the election result and the COVID-19 vaccines could make for higher highs and higher lows.

For further details see: