The Federal Reserve starts reducing its enormous $9 trillion balance sheet today (Wednesday), but the negative impact on stock markets is likely to be minimal, says the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. Q1 2022 hedge fund letters, conferences and more For two years, the Fed bought over $4 trillion in assets, mostly focused on U.S. Treasuries and agency mortgage-backed securities. Starting on Wednesday, it will start shrinking these holdings by $47.5 billion per month for the first three months. After this, the total am…