The Fed’s Intervention Is Widening the Gap Between Market Haves and Have-Nots

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Riskier investments, including junk bonds and nongovernment-backed mortgages, are being left behind as markets attempt a recovery.

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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