Quote from stock_trad3r:
The fed bailed out the markets
Great day today
Quote from stock_trad3r:
The fed bailed out the markets
Great day today
.... and if you continue to read posts from stock_trad3r, you never will .....Quote from Tom631:
What exactly did the fed to to bail out the market? I mean, were they buying stocks or what?
I'm trying to understand how the market works and moves.
And they say the fed provided money to banks or provided liquidity??..What exactly does that mean? Armored trucks left the fed filled with cash to go unload at banks? Or stop in front of Wall Street and tell the driver to take the millions and go buy stocks inside?
I don't understand.