Re:The ballooning money supply may be the key to unlocking i...
by SonOfThePlower on Tuesday October 13, 2020 @04:16PM
(#24769845)
FED buys MBSes and bonds. FED does not buy neither lettuce nor stocks.
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Re:The ballooning money supply may be the key to unlocking i...
by claudeganon on Tuesday October 13, 2020 @04:45PM
(#24770112)
The Fed has already been buying ETFs, which is about a hair’s breadth away from buying stocks. I don’t doubt that they’ll buy stocks to prop up investors if the current stimulus proves ineffective.
Re:The ballooning money supply may be the key to unlocking i...
by nkurz on Tuesday October 13, 2020 @05:45PM
(#24770678)
Confirming story: https://www.marketwatch.com/story/the-fed-has-been-buying-et...
The possibly essential caveat being that the ETF's being purchased are (as far as publicly known) all bond ETF's.
Re:The ballooning money supply may be the key to unlocking i...
by mrep on Tuesday October 13, 2020 @06:51PM
(#24771223)
Barely. They are only buying corporate bonds and the sum total of "Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value" is 85.274 billion or a max of 1.2% of their asset sheet [0].
[0]: https://www.federalreserve.gov/releases/h41/current/h41.htm
Re:The ballooning money supply may be the key to unlocking i...
by dogman144 on Tuesday October 13, 2020 @05:18PM
(#24770426)
There are some rumors this happened at the bottom of the '07/'08 crashes. A few traders swear something held the bottom.
Re:The ballooning money supply may be the key to unlocking i...
by neffy on Tuesday October 13, 2020 @04:58PM
(#24770222)
I'm sure their canteen buys lettuce, and as it happens they've been getting quite adventurous with what else they're prepared to buy recently.
Re:The ballooning money supply may be the key to unlocking i...
by SonOfThePlower on Wednesday October 14, 2020 @01:05AM
(#24773275)
Well, lettuce has not been inflated by FED (yet), why would stocks have been?