fxfox Posted March 26, 2020 Report Share Posted March 26, 2020 2 minutes ago, DrStool said: 30 times original QE. Think about that for a moment. Think about what that implies. Now, for a little perspective. That implies that they went finally TOTALY insane! Link to comment Share on other sites More sharing options...
fxfox Posted March 26, 2020 Report Share Posted March 26, 2020 38 fibo at 2650 50 fibo at 2793 Link to comment Share on other sites More sharing options...
No Einstein Posted March 26, 2020 Report Share Posted March 26, 2020 14 minutes ago, fxfox said: That implies that they went finally TOTALY insane! i'd take it a step further...it doesn't imply ....in confirms...😁 Link to comment Share on other sites More sharing options...
DrStool Posted March 26, 2020 Author Report Share Posted March 26, 2020 LEE'S FREE THINKING Fed Gave Primary Dealers $110 Billion Outright Today, March 25 by Lee Adler • March 25, 2020 • 0 Comments The Fed bought $70 billion in Treasuries and $40 billion in MBS from Primary Dealers today. That’s a month’s worth of old QE in a day. They’ve been doing it every day this week and will do it again Thursday and Friday. Link to comment Share on other sites More sharing options...
DrStool Posted March 26, 2020 Author Report Share Posted March 26, 2020 Fed Has Scheduled A Month’s Worth of Old QE PER DAY! by Lee Adler • March 25, 2020 • 0 Comments The Fed scheduled $123 billion per day in Treasury and MBS purchases this week. That’s a month’s worth of old QE per day. What about unintended consequences? Link to comment Share on other sites More sharing options...
fxfox Posted March 26, 2020 Report Share Posted March 26, 2020 DAX closed at 10000.96 Link to comment Share on other sites More sharing options...
Jorma Posted March 26, 2020 Report Share Posted March 26, 2020 The Fed will be precluded from buying non investment grade corporate debt. Ford just was downgraded below that yesterday. At any rate the power to cut off corporations from Fed largess is a great power. I would think anyone buying stock should at a minimum make sure that it's debt rating is investment grade. The gold standard will be corporations that have had their debt bought by the Fed. Once that happens they will not be allowed to go bankrupt. More credit will always be on the way. Some call this moral hazard. It's actually the way things were always pointing. I truly think this moment, monetizing corporate debt, and probably soon enough equity, is a monetary revolution. The trick will be preventing revolution down below. Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 26, 2020 Report Share Posted March 26, 2020 Hakuna Matata vs. Ignorance Is Bliss Link to comment Share on other sites More sharing options...
DrStool Posted March 26, 2020 Author Report Share Posted March 26, 2020 When the central bank of the state owns everything, what the hell is that? Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 26, 2020 Report Share Posted March 26, 2020 2 minutes ago, DrStool said: When the central bank of the state owns everything, what the hell is that? Japan. or 21st century slavery Link to comment Share on other sites More sharing options...
fxfox Posted March 26, 2020 Report Share Posted March 26, 2020 In the following hour you will see live in front of your eyes the most shameless act in contemporary market history Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 26, 2020 Report Share Posted March 26, 2020 8 minutes ago, fxfox said: In the following hour you will see live in front of your eyes the most shameless act in contemporary market history Hard to beat the Hour Of Shower this morning....... Link to comment Share on other sites More sharing options...
fxfox Posted March 26, 2020 Report Share Posted March 26, 2020 3 minutes ago, MisFit Kid said: Hard to beat the Hour Of Shower this morning....... „Hour of Shower“, priceless! 😂😂😂 Link to comment Share on other sites More sharing options...
BreakOut Posted March 26, 2020 Report Share Posted March 26, 2020 Link to comment Share on other sites More sharing options...
Jorma Posted March 26, 2020 Report Share Posted March 26, 2020 43 minutes ago, DrStool said: When the central bank of the state owns everything, what the hell is that? It isn't ownership. It's the supplier of capital to the owners via buying their debt. . With an interest, really an imperative, to make sure they do not default on that debt. Thus all layers of government will support the favored companies and if needs be the Fed will continue to give them more credit. I came in here 18 years ago saying that somehow, and I didn't know how and back then I didn't really know how the banking system created money, I mean really know the mechanisms, that eventually money would be based upon corporations. So here we are. Some will say it's the end of capitalism but I look at it as the perfection of it. Link to comment Share on other sites More sharing options...
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