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ashy2classy

04/29/20 2:30 PM

#308341 RE: nowwhat2 #308340

AKA, print endless dollars to make the markets go up for the re-election campaign.
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Dr Jerry

04/29/20 2:32 PM

#308343 RE: nowwhat2 #308340

32 trillion dollars is the net worth of NYSE plus Nasdaq combined
SO now the Fed has purchased almost 1/3 of it
what happens when the bond market collapse and rates rise? Good God