December 19, 2018 By Peter Boockvar One more thing As for that other form of tightening, Powell said “I don’t see us changing balance sheet policy” which will total a shrinkage of another $600b next year, taking the two year drain to slightly more than $1 Trillion. ... want to read the rest? Daily market intel for your investments. Become a Boock Report subscriber and get expert analysis of market moving economic news, what it all means, and why it matters both near and long term. This is what trading desks around the world rely on every day. Already a member? Log in here.