Yep just keep propping up the markets with the printing press, as you can see the markets totally ignored it, next are more rate cuts to zero percent and then negative rates (which the fed claims will not happen) and more trillions of dollars to keep the market propped up, but it will not work this time. Bear market is here to stay for many many many years!!!!
3 times the fed has stepped in this week, see how they intervene on the way down, but I keep hearing ithe fed isnt about the markets, that they dont intervene in the equity market, foolishness!!!!
https://www.cnbc.com/2020/03/12/fed...nding-expand-types-of-security-purchases.html
3 times the fed has stepped in this week, see how they intervene on the way down, but I keep hearing ithe fed isnt about the markets, that they dont intervene in the equity market, foolishness!!!!
- In all, the new moves pump in up to $1.5 trillion into the financial system in an effort to combat potential freezes brought on by the coronavirus.
- This was the second day in a row and the third time this week the Fed has stepped in.
https://www.cnbc.com/2020/03/12/fed...nding-expand-types-of-security-purchases.html