Star investor: Markets may crash so badly the Fed has to start buying stocks

  • 📰 CNN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The Federal Reserve is buying junk bonds and corporate debt ETFs as part of its campaign to revive the American economy. Next on its shopping list: US stocks, as Scott Minerd, global chief investment officer at Guggenheim Partners, told CNN Business.

New York

The S&P 500 has skyrocketed 40% since March 23, when the Fed announced its unprecedented experiment with junk bonds. That surge, coming in the face of the collapse of the real economy, drove up market valuations to dotcom-bubble levels. But Minerd thinks a reckoning is coming, and soon. He expects the S&P 500 will retest its March 23 low of 2,237.40 over the next month, potentially crumbling to as low as 1,600.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

shareitarie10 Trump most likely orders this.

You all need to be punished for your lying we know you will in the end lying evil people do go to hell

This is irresponsible. And fear mongering at its finest. And irrational.

You wish! Sad, any good news about the economy out of CNN? EnemyOfThePeople

FAKE NEWS! LIBERAL AGENDAS!! SHUT CNN DOWN! BIASED INFORMATION! FUNDED BY THE EILTES! WE ARE THE MEDIA NOW! NOBODY IS WATCHING CNN ANYMORE MAGA2020 ChrisCuomo donlemon

🤗

Hay CNN communist..you do understand Trump was a Democrat before he witnessed the parties left turn.. the economic conservative in him chose Republican formula

UONE stock is a go buy right now. 😃

Where's the reporting on Seattle take over CNN? Keeping your sheep in the dark eh?

Web Browser: Safer - Faster - Better. Download & Start Protect your web browsing Now! Brave is a High Performance browser with Awesome Security & Privacy. Try it Now! 3x Faster Than Any Browser. Adblocker Pre-installed. 100% Web Privacy. 100% Security.

Cobhams

Have you reported on this?

DEFEND THE POLICE

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 4. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock market live updates: Tech stocks lead, Dow bounces from 762-point loss, Fed helps rallyStocks rebounded today after a steep sell-off. Here's what 5 experts say you should watch for next. TMobile we pay way too much for these phones to not be working smh it’s been over a hour now How much money the FED will print and hand to Billionaires maybe? That is moving the markets.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Stock market live Monday: Tech stocks lead, Dow bounces from 762-point loss, Fed helps rally'The consumers have already come out of the gates very strong in this reopening phase,' Deutsche Bank retail analyst Paul Trussell says. Here are the names he's watching. Yes consumers coming strong.. but covid coming hard.. I love kohls High school students in Turkey is currently very tense. Despite the dangers of COVID-19, exams were not delayed. We are in danger. the government is silent on this issue. support us TurkishStudentLivesMatter
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Fed bolsters credit market support with latest launchThe New York Federal Reserve's planned launch on Tuesday of a bond-buying facility could help ease the potential stigma for companies of asking for help and create an important framework for what the central bank steps in to purchase, analysts and investors said. The FED is most definitely all in at this point.
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Powell says the Fed doesn't want to 'run through the bond market like an elephant'Powell said the central bank's announced move this week to buy corporate bonds fulfills a pledge it had made earlier but is not an effort to take over the market. Said THE elephant to the mice........ This was an extremelely vague & incompetent answer by Powell Socialism ?
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Fed Chair Powell says strong job market can reduce U.S. racial inequalityThe best way the Federal Reserve can help reduce racial inequality is to return the U.S. labor market to its pre-coronavirus strength, U.S. Fed Chair Jerome Powell said on Tuesday, as he sidestepped questions over whether the Fed itself contributes to the problem. How ignorant! well, it does make them less likely be unemployed and more likely to find time to protest the inequalities. Who cares about the job market? Only market that's important is stocks! And Jay's portfolio is shooting up
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »