In hisDaily Market Notes report to investors, while commenting on the Fed, Louis Navellier wrote: Impacts UncertainThe Fed begins to shrink its balance sheet, and its impact is uncertain. Positive results from Salesforce (NYSE:CRM) and HP (NYSE:HPQ) renewed confidence in business spending and June opened this morning on a positive note, but not with a lot of momentum. Q1 2022 hedge fund letters, conferences and more The Elephant In The RoomThe elephant in the room is that today the Fed begins to reduce its $9 trillion balance sheet, something the market has very little experience with. The pla…