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
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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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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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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