PebHmong Discussion Forum

Life & Living => Money & Investment => Topic started by: darkhelmet on June 15, 2020, 01:38:55 PM

Title: wow what a turn of events from this morning
Post by: darkhelmet on June 15, 2020, 01:38:55 PM
shyt first i was down this morning.... now i'm gaining this afternoon.

damn...i can thank the fed for that..lol... ;D
Title: Re: wow what a turn of events from this morning
Post by: hmgROCK on June 15, 2020, 02:20:22 PM
hell yeah, man
I TOLD YOU!!!!!!
them feds man!!!


they will BUY EVERYTHING
bonds, ETF, mortgage back security, junk debt...
they will buy everything


the only thing left they need to do is BUY THE STOCK THEMSELVES


https://www.cnbc.com/2020/06/14/stock-market-futures-open-to-close-news.html (https://www.cnbc.com/2020/06/14/stock-market-futures-open-to-close-news.html)
Stocks extend rebound after the Fed says it will buy individual corporate bonds, Dow up 200 points

Stocks surged on Monday, erasing earlier losses, as the Federal Reserve announced further measures to support the market amid the coronavirus pandemic.

The Dow Jones Industrial Average traded 200 points higher, or 0.8%. The S&P 500 traded 0.9% higher while the Nasdaq Composite was up 1.4%.

The Fed said it would buy individual corporate bonds. Earlier this year, the central bank said it would buy corporate-bond exchange-traded funds. That announcement pulled the market back from the brink in late March. This latest announcement builds on that program and shows the Fed will continue to support credit markets during the coronavirus.
Title: Re: wow what a turn of events from this morning
Post by: hmgROCK on June 15, 2020, 02:22:12 PM
that's what i don't like man
uncle sam coming in
and bailing everyone out
buying everything


you hear me say it before
LET CAPITALISM DO IT JOB
LET THESE COMPANY DIE OFF