Who is Yellen?
So investors or owners of stock want the taxpayer to buy their worthless overpriced inflated stocks?
people don't have to sell their stock and don't have to buy equities.
if the gov't is going to be participated in the open market and putting bids, they better not be buying from market makers or hedge funds shorting shares.
The stock market or exchange is controlled by a few big time 'market makers' and don't need the gov't to rig it with algos. etc. and mostly automated computers.
If you are just referring to S$P 500 and nasdaq 100 .The stocks in the nasdaq are inflated still 'expensive'
The gov't can put floor bid on the market like book value or intrinsic value.
What you are suggesting is the gov't play 'market maker' because the market is 'illiquid'
If the stock price is low for individual stocks. the owners of the stock can buy it to support the price. and don't sell.
It's not the gov't problem. if nobody wants to buy your toy collection or worthless bitcoins.
BTW, ,the futures market and stock market is a BUCKET shop meaning it is BS market. you know what I mean.
The market makers control the bids and ask. okay and rigged manipulated market by automated computers.
You want the gov't name on the shareholder list of these companies?
have a gov't seat in the board of directors in all the companies listed. if the gov't is going to buying stocks.
unless you have a seat in the board of directors of a company, you don't own the company
The 'gov't is already indirectly 'supporting the market with 0% interest rates..people still don't want to own stocks even at 0% or negative bond rates. the 'market is always right' there is a reason they don't want to buy or own you stock.
95% of the equities listed is scam companies. okay
the fact that the scam bitcoin BS market even has futures on it says a lot about the 'futures market' which is mostly a bucket exchange and very few of the volume takes delivery of commodities 'traded'
I see 50 stocks and all the stocks are garbage.
If the markets fall back to 2020 lows and drop a bit more the fed will buy up all the equities with their trillions of dollars.
MARKETS
Yellen says the Fed doesn’t need to buy equities now, but Congress should reconsider allowing it
PUBLISHED MON, APR 6 202010:54 AM EDT
https://www.cnbc.com/2020/04/06/yel...t-congress-should-reconsider-allowing-it.html