Fed's stimulus eases global market fears, gets cash flowing

  • 📰 Reuters
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Investors across a broad range of asset markets breathed a sigh of relief Tuesda...

- Investors across a broad range of asset markets breathed a sigh of relief Tuesday, a day after the Federal Reserve rolled out unprecedented measures aimed at boosting liquidity and bolstering investor confidence in the face of a spreading coronavirus pandemic.

The rate at which companies could borrow high-grade, short-term loans mostly decreased, while rates for lower-grade paper continued to increase at some maturities and decreased modestly at others, according to Fed data. Few believe the markets have seen the last of the heavy bouts of selling and stretches of illiquidity that have plagued them during a month-long selloff that has slammed everything from equities to oil. Yet Tuesday’s moves were a potential sign that investors were giving at least a tentative stamp of approval to the Fed’s unprecedented interventions of the last week and a potential $2 trillion in fiscal stimulus from the government.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bandaid

You know you don't have to tweet this it means literally nothing and you look tone deaf.

dead cat bounce

What a great idea in a demand based economy. Give money to those who hoard it. Stop liquidity to the people that spend it and drive the economy. However as long as the ponzi scheme / roulette wheel of the stock-market looks OK all is fine in the world.

From where to where? Or, is that from whom to whom?

Does anyone actually believe that the federalreserve can do this indefinitely? Not me. DowJones NASDAQ

Not true. Up to $1000? GET OUTTA HERE. Can't even pay rent with THAT...maybe in NorthDakota where rent is $500 for a 3 bedroom.

DieForTheDow dieforwallstreet

blood for number god!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed alone can’t stop coronavirus selloff, investors say, as stocks tumble againThe Federal Reserve's unprecedented stimulus measures did little to brighte... Of course... Such is True. The Eruption of The Coronavirus ...Sheds Very Useful Light, Upon The Unprecedented Need, For The World to Create An Entirely New Way of Life?
Source: Reuters - 🏆 2. / 97 Read more »

Stocks Fall Despite New Fed Intervention, Investors Await Disputed Coronavirus Relief PackageStocks fell this morning, even as the Federal Reserve pledged unlimited asset purchases to support the market and Congress nears an agreement on a massive coronavirus relief bill by skleb1234 skleb1234 🤦‍♂️ skleb1234 Thank you Nancy Pelosi. I understand stock price on witch’s brooms are up! skleb1234 The cure for the market is a cure for the virus. A cure for the markets w/o a cure for the virus is smoke and mirrors.
Source: Forbes - 🏆 394. / 53 Read more »