How far can the government go to prevent further market bleeding?

Nine_Ender said:
Mark my words, never going to happen, and in a year the virus will be forgotten ( as will be Trump as a politician ).
More...

Nah, but they'll forget Biden, Sanders and that Castro-loving imbecilic "leader" you have in Canada.
 
Nine_Ender said:
One of the great ironies today is how many on here have believed the US government has been buying equities or futures for the whole bull, and it was very clear that came up as a possibility for a NEW strategy today. In other words, none of that occurred as I posted numerous times on this site.
More...
But I remembered the USG at one time was majority owner of GM, AIG... last time around? Maybe this time USG can still own BA, UAL, DAL....?
 
ironchef said:
But I remembered the USG at one time was majority owner of GM, AIG... last time around? Maybe this time USG can still own BA, UAL, DAL....?
More...

Those positions were public knowledge and they sold their stake in GM. There are idiots on here who believe the government has been buying equities the whole bull to such an extent that they move the entire market. Pure fiction. Meanwhile, many top companies were so cash rich they bought back big chunks of their own company. In fact, with near zero interest rates, that could pick up in a serious way again once the virus is under control. Which is of course is fuel to a possible V shaped recovery.
 
Scataphagos said:
The Fed can print more money.. then directly purchase securities to provide "buying support" to the markets... much as they have done in Japan.... which is reported to own 75% of the total ETF market. That's not only astonishing, it also has not been as effective as envisioned.
More...
Nine_Ender said:
One of the great ironies today is how many on here have believed the US government has been buying equities or futures for the whole bull, and it was very clear that came up as a possibility for a NEW strategy today. In other words, none of that occurred as I posted numerous times on this site.
More...
https://www.cnbc.com/2020/03/22/stock-market-futures-open-to-close-news.html

unlimited equity purchases by uncle Sam. I guess the state owning the means of production was thee answer after all?
 
MarkBrown said:
our last "the sky is falling" happened late last year, so just hang in there snowflakes the good feeling will come back sometime next month.
More...
MKTrader said:
Wow, OP is quite the drama queen and a well-known partisan poster. Stocks are down less than 10% from a huge series of all-time highs. No wild conspiracies are needed right now. Besides, the biggest gov't intervention was in the Obama era--it's not even close.
  • The end of marked-to-market accounting (on almost the day of the 2009 bottom)
  • Almost 8 straight years of ZIRP
  • A big and hugely inefficient stimulus dump
  • Obama's buddy Warren Buffett (world's biggest market cheerleader) getting involved and being a major TARP beneficiary
  • Endless rounds of QE
More...

well, these posts did not age well.

Hearing some chatter of negative interest rates now:
https://www.forbes.com/sites/amiyat...01/getting-ready-for-negative-interest-rates/
Getting Ready For Negative Interest Rates
 
You must log in or register to reply here.
Back
Top