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Response to xyoungblood (Reply #23)

Wed Apr 29, 2020, 08:25 PM

26. What stocks is the Fed buying? I haven't heard of this

I know they are buying a lot of bonds... including corporate bonds ... and yes, that boosts stocks by pushing interest rates down even more and providing liquidity for dubious quality bonds... but I haven't heard of the Fed buying up stocks. Yet.

Forbes, April 21
https://www.fool.com/investing/2020/04/21/why-is-the-stock-market-up-when-the-economy-is-tan.aspx
On April 9, the Federal Reserve pledged to buy up to $2.3 trillion in loans to enhance liquidity in the credit market, including junk bonds, which helped lift shares of struggling companies such as Ford, as well as retailers and restaurants.

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at140 Apr 2020 OP
wryter2000 Apr 2020 #1
empedocles Apr 2020 #3
at140 Apr 2020 #7
wryter2000 Apr 2020 #11
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wryter2000 Apr 2020 #12
pnwest Apr 2020 #2
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lark Apr 2020 #8
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Frasier Balzov Apr 2020 #13
Shemp Howard Apr 2020 #14
at140 Apr 2020 #17
empedocles Apr 2020 #18
progree Apr 2020 #24
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Voltaire2 Apr 2020 #19
Warpy Apr 2020 #20
BillyBobBrilliant Apr 2020 #21
duforsure Apr 2020 #22
xyoungblood Apr 2020 #23
at140 Apr 2020 #25
LineLineNew Reply What stocks is the Fed buying? I haven't heard of this
progree Apr 2020 #26
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