In my doom and gloom piece from Sunday called “Off A Cliff”, I said:

Don’t be surprised to see the Fed inject liquidity similar to the July / August intervention.

It hasn’t gotten much attention but it is happening. Check out this Wall Street Journal article or if you prefer another source, Reuters has this news. Add it all up, so far its about $56 billion this week and the amount appears to be increasing. It’s worth keeping an eye on this.