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Author Topic: wow what a turn of events from this morning  (Read 589 times)

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Offline darkhelmet

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wow what a turn of events from this morning
« 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


« Last Edit: June 15, 2020, 02:02:46 PM by darkhelmet »

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I made you read this.

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Offline hmgROCK

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Re: wow what a turn of events from this morning
« Reply #1 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
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.



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God did not created man...man created god

Offline hmgROCK

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Re: wow what a turn of events from this morning
« Reply #2 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



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