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The Green Team Rules, But Red Is in the Background 9/23/20

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9 hours ago, DrStool said:

When this thing unravels, SIPC won't save us, and FDIC won't save us. I believe that we already had a systemic failure in March, and it took $2 trillion of Fed printed confetti to reverse the implosion. I'm not sure the next one will be reversible. 

Where's Bob! 

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Commenting on the tools still available to the Fed, Powell revealed that the central bank has "basically done all of the things it could think of."

Powell said this earlier today. Markets interpretation could be: The FED is done and won‘t be of much help going further. 
OTOH: Just yesterday he said the exact opposite. Weird.

 

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4 minutes ago, fxfox said:

Commenting on the tools still available to the Fed, Powell revealed that the central bank has "basically done all of the things it could think of."

Powell said this earlier today. Markets interpretation could be: The FED is done and won‘t be of much help going further. 
OTOH: Just yesterday he said the exact opposite. Weird.

 

Sounds like a cry for fiscal stimulus.

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