Fed slashes key interest rates to 0%, announces $700 billion QE program
2 responses | 0 likes
Started by TimNew - March 15, 2020, 5:55 p.m.
Comments
By metmike - March 15, 2020, 6:32 p.m.
Like Reply

Crazy markets!


Unleaded dropped below 82c with demand plunging from everything shut down.

Dow down over 1,000...............looks like this might be limit down.


Federal Reserve slashes rates to zero, restarts QE

https://finance.yahoo.com/news/federal-reserve-cuts-rates-to-zero-restarts-quantitative-easing-qe-210001968.html


By TimNew - March 15, 2020, 7:25 p.m.
Like Reply

We are living in truly amazing times.  People buying all the toilet paper in sight while selling stocks hand over fist.


Limit up Friday,  limit down Sunday night.  And the Fed giving a surprising stimulus.  


I'm still buy and hold and will make a lot of money eventually..  Sooner rather than lately I believe..   But hully kwap!!