More signs that T is a sinking ship. "We're on a path to growth" say our 'leaders', and, meanwhile, our solvency needs to be subsidized by the .GOV :
https://www.msn.com/en-us/finance/markets/fed-reveals-bond-purchases-including-at-26t-unitedhealth-walmart/ar-BB164nx3
It is a good news. Most of companies are healthy.
Buy the stock when it drops since we are not alone now
It’s a shell game. The government is being creative to prop up a failing economy until November. GOP admins do this to avoid getting voted out due to the economy. Bush tried it and failed. Most people know the economy is in free fall behind the curtain. Better make sure you have a little emergency fund, extra TP, and a plan.
Ratty is sure glad that the Fed now guarantees his +$200k monthly pension plus his dividends of almost $1M a quarter!
Oh yes, the free-market printing press. Sadly the US economy is becoming a house of cards.
Thanks Fed for bailing out Corporations who used their tax breaks to buy back stocks instead of investing and growing while handing us the tab when things went downhill!
"If you dont like it, yOu can Leave' Trump said.
Be carefull what you wish for...lmao
I'm looking at the list, and it's got Verizon too. I think you're misunderstanding the point of these purchases. What the Federal Reserve is doing is "printing" money and using it to buy a broad portfolio of treasuries and corporate bonds. If they don't, the supply/demand dynamics of the debt markets will cause interest rates to zoom. The reason why interest rates are near zero is because there is a lender (Fed) that can print the money being loaned out. Take a look at the chart.
https://fred.stlouisfed.org/series/WALCL
This $3T rise in the Fed's assets are bought with newly created money.
The list of purchased securities seem to be on an excel spreadsheet at the link at the bottom of this page.
https://www.newyorkfed.org/markets/secondary-market-corporate-credit-facility/secondary-market-corporate-credit-facility-broad-market-index
It is showing 795 companies.
Unbelievable! Now the Fed is buying our bonds?!?!
what a joke - corporate welfare but you citizens get nothing and have to train your replacements. this is why are country was founded to get away from central banking. the banksters are destroying our country and all the ceos who have no spine just let it happen and take their millions and retire to their newly built L.A. mansion. America is literally being bribed.
join us, everyone will be rich.
Dreamed of randy new HBIMAX series, who a clown created the biggest ponzy scheme in history.