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Ahead to the Past 5/6/20


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LEE’S FREE THINKING

LEE'S FREE THINKING

Fed QE for May 6, 2020

by Lee Adler • 

A month ago the Fed was buying all new Treasury issuance and then some. Now it’s nowhere close to doing that. In recent days the Fed has been absorbing only around a fifth of new Treasury issuance. Is it enough?

 

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8 minutes ago, potatohead said:

Its different this time......

What's happening: Thanks to zero fees, easy access afforded by the internet, and an unexpected glut of free time on their hands, millennials and Gen Zers are opening online brokerage accounts at a record pace.

https://www.axios.com/coronavirus-stock-market-millennials-gen-z-190eda7b-66a3-4e19-9f44-8dd0dd23f0a4.html

95% of them will get their ass shaved within 3 nonths.

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