from WallStForMainSt
Yet again, another day another bailout!
This time it was open ended QE! Can we call it Infinite QE yet?
Here’s articles about the details from Monday’s Fed announcement:
1) In Unprecedented Move, Fed Unveils Open-Ended QE Including Corporate Bonds https://www.zerohedge.com/economics/f…
2) NY Fed says to buy $75 bln of Treasurys, $50 bln of MBS each day this week https://www.marketwatch.com/story/ny-…
Analysis from Jim Bianco about Monday’s Fed announcement:
Thoughts on the Fed Announcement https://www.biancoresearch.com/though…
A bailout for Main Street? Fed says it is on the way https://www.msn.com/en-us/money/small…
“Stop The Coronavirus Corporate Coup”: Here Is A List Of Everyone Demanding A Bail Out https://www.zerohedge.com/markets/sto…
Airlines will be restricted from stock buybacks, issuing dividends, and outlandish salaries for executives under a draft of the new House bailout proposal https://www.yahoo.com/news/airlines-r…
Margin Call: The Story Of A Historic Week https://seekingalpha.com/article/4333…
Track the Fed’s official balance sheet here: https://fred.stlouisfed.org/series/WALCL
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