The Fed has splashed this money to keep markets functioning

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 Now, that “bank” shape seems relevant and symbolic again — but with a twist. Unlike in 2009, it is not the need to fix private sector banks that is likely to lead an economic rebound to flatline; big US banks are more healthy now, as shown by recent earnings. This time, the “bank” that investors should ponder is the US Federal Reserve. Since the Covid-19 pandemic hit, the American central bank has responded with stunning shock and awe; Deutsche Bank analysts reckon that the Fed balance sheet will double during 2020 to $8.3tn, because of all the monetary support it has provided.