ES Journal - 2019/2020

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hafez50 said:
on cnbc a few mins ago. I fully expect it at some pt



Nothing is out of the question’: What it would take for the Fed to start buying stocks
PUBLISHED SUN, MAR 29 20205:50 PM EDT

Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM




KEY POINTS
  • Should market conditions deteriorate, the Federal Reserve could venture into the stock market, several market analysts and economists said.
  • Such a move likely would come in the form of a big ETF that tracks major market indexes.
  • Congressional approval would be needed to take such a step.
  • The Fed already has launched an historically aggressive use of its various powers.
More...
Socialism it will be...
 
Picaso said:
Without adjusting for inflation:

1998: 12 USD
1974: 9 USD
1972: 3.60 (which in today's dollars, still is a bit more than 22 USD)
More...

So effectively we are in unchartered waters, and CL is a buy if we get below 10, far and wide. Heck, we may be there now, even at 15ish per bbl if we get to that low? Where is the bottom of the bubbling crude?
 
hafez50 said:
on cnbc a few mins ago. I fully expect it at some pt



Nothing is out of the question’: What it would take for the Fed to start buying stocks
PUBLISHED SUN, MAR 29 20205:50 PM EDT

Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM




KEY POINTS
  • Should market conditions deteriorate, the Federal Reserve could venture into the stock market, several market analysts and economists said.
  • Such a move likely would come in the form of a big ETF that tracks major market indexes.
  • Congressional approval would be needed to take such a step.
  • The Fed already has launched an historically aggressive use of its various powers.
More...

I could see the Fed buying 20 tril of whatever by end of year
 
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