Howard Marks told Bloomberg that the US may have gone into a depression without the Fed's emergency relief funds.
Marks also detailed a byproduct of the Fed's historic relief efforts: the rise of so-called zombie companies, which are saddled with exorbitant debt loads.Howard Marks told Bloomberg on Thursday that the $6 trillion federal relief package was necessary to support the US economy.
The billionaire investor added that the provision of liquidity by the Fed and the continuation of low interest rates are "very, very important to what the market has been doing for the last four or five months and what it does in the future.
It seems we cannot keep under the vicious cycle of lockdowns/emergency-relieves... like it or not to get economy moving people have to get out... politics/election is interfering but once election is over whoever is POTUS will enforce it 4 sure
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
Inside story: Humana's $100 million bet on telehealth startup Heal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Democrats pitch bill for Fed to fight racial inequity in US economy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. If there's things that can be done, I'm all for it. But the risk-benefit scenario for lenders based on their customer's ability and likelihood to repay seems to be the primary driver here. Lmao.....no.
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Fauci says can't deny the US has the world's worst COVID-19 outbreak - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 1-CUANDO DONALD PUDO HACER ALGO CONTRA LA PANDEMIA, LA IGNORO. CUANDO NO PUDO IGNORARLA, DONALD DIJO QUE ESTABA CONTROLADA. DONALD ENTRE SU IGNORANCIA Y SU CONTROL YA TIENE 150 MIL MUERTOS CON Y MAS DE 4.5 MILLONES DE CONTAGIADOS. DONALD-VIRUS EL VERDADER NOMBRE DE LA PANDEMIA. 2-EL DESCONTROL DE DONALD, SU IGNORANCIA E IRRESPONSABILIDAD ESTA SUMERGIENDO A ESTE PAÍS EN EL DESEMPLEO, POBREZA Y CAOS ECONÓMICO. LA VACUNA CONTRA EL DONALD-VIRUS FUE CREADA POR LOS PADRES FUNDADORES DE ESTA PAÍS, SE LLAMA VOTO. VOTA Y VACUNA A ESTE PAÍS CONTRA EL DONALD-VIRUS
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Google is teaming up with six more banks to support its digital banking efforts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Unemployed during coronavirus pandemic: Business Insider survey - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Well Good Evening, check me out then Work at a university. So yup. Unemployed. And they are clueless how to reopen so far.
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