Global stocks are being buoyed today by news that the Fed - the world’s de facto central bank – will buy individual corporate bonds in addition to the exchange-traded funds it is already purchasing, to support the world’s largest economy. This is like the Bank of Japan. This is savings protection, with risks, but not as risky as it used to be.
Investors will use down days to buy, providing those down days are not too scary. That’s when investors tend to wait and see if it is the start of a trend rather than putting money to work.... [+]The economic recovery is not likely to lift all companies and sectors, regardless of Fed actions. Last week saw a return of volatility, with markets falling over a thousand points on Thursday, only to recover most of it by Friday. Equity futures were down on Monday morning, only rise by mid day on word that the Fed was going to be even more active in the markets.
especially hard hit, says the World Bank, which expects at least 11 million people to slip back into extreme poverty. In the U.S., modest improvements across consumer, employment and manufacturing data are promising and expected to continue this month. No one expects more lockdowns.
This is a really irresponsible article. The Fed chair did not advise people to buy individual stocks.
I liken this article to eating oatmeal made with water and no sugar or anything else. Totally bland. The headline would have you believe there’s specifics on what investors are doing, but no. Zero. fail
I’d rather not lose any more of my retirement.
Dear , i couldnt find any 'not investment advice' disclaimer, will DM you for refund in case of stock market crash.
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Слушаю и следую!
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