Yep just keep propping up the markets with the printing press, as you can see the markets totally ignored it, next are more rate cuts to zero percent and then negative rates (which the fed claims will not happen) and more trillions of dollars to keep the market propped up, but it will not work this time. Bear market is here to stay for many many many years!!!! 3 times the fed has stepped in this week, see how they intervene on the way down, but I keep hearing ithe fed isnt about the markets, that they dont intervene in the equity market, foolishness!!!! In all, the new moves pump in up to $1.5 trillion into the financial system in an effort to combat potential freezes brought on by the coronavirus. This was the second day in a row and the third time this week the Fed has stepped in. https://www.cnbc.com/2020/03/12/fed...nding-expand-types-of-security-purchases.html
much good that did....suspected as much when it bounced both days on that short circuit. https://www.cnbc.com/2018/09/11/tru...lower-the-national-debt-woodward-reports.html Trump told Gary Cohn to 'print money' to lower the national debt, according to Bob Woodward's book "Just run the presses — print money," Trump said, according to Woodward, during a discussion on the national debt with Gary Cohn, former director of the White House National Economic Council. Cohn was "astounded at Trump's lack of basic understanding," Woodward writes. Cohn pushed back on the book's claims Tuesday, while Trump has repeatedly called the book a "scam."
Futures down big again...oops, how much should they print tomorrow? A few trillion, maybe 7 trillion??? How about they print trillions and give us some free money...
Wow, thank's a lot. I thought this was a posting for a job offer at a prop firm to trade a $1,500,000,000,000 account and than I open to find this.
At the rate the markets are falling will be at zero in about 12 trading days, so maybe the fed can print more trillions to buy stocks direct. Isnt that something they have mentioned before ???
The weird thing about pouring fuel on a fire is that it doesn't go out. I know this might surprise the stable genius but for the rest of us it seems obvious.