In the quest to find markets that look like they will weather an impending economic downturn, many investors are turning to the Federal Reserve.
The central bank, faced with seizing markets during the spread of the new coronavirus, pledged in March to do essentially whatever it takes to restore order in the marketplace. The handful of markets in which it has directly intervened by purchasing assets or lending against them have recouped some of their losses since then, a reassuring sign for investors who were taken aback by...
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Nationalize the Banks
Wow all fixed and recovered in a few weeks, The quickest recovering in history oh let’s not forget the 10 million unemployed with million more to come and over 50% of the economy not functioning..!!
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks are set to jump, with Dow futures pointing to a more than 800 point gain“We’re having a bounce on medical issues, not on policy issues, not on technical issues.” Here’s why Allianz’s elerianm says that’s significant. elerianm Trump fool's gold. Only a fool would buy into this market. We rally on less deaths? How sad & pathetic the crooks on Wall St are. The economy is closed and its nothing like we have ever seen. Another chance to sell Trump is a Conman elerianm Bounce? Such BS. Switch off the machines until they have “pandemic” coded into their vocabulary. elerianm But it’s only minimally good news of a slow in Spain, Italy and NYC.... says nothing about the rest of the USA which will get worse before better?
Source: CNBC - 🏆 12. / 72 Read more »