Fed Not QE Reverses Some of Today’s Massive Market Losses

from King World News

Fed not QE reverses some of today’s massive market losses.

Fed Not QE Hits Markets

March 12 (King World News) – The Fed just announced what amounts to a massive amount of QE through additional purchases in the REPO market. That has temporarily created a reprieve in the stock market, which was down over 2,000 points earlier in the day. It also reversed some of the major losses in both the oil and gold markets.

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