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Bmrboy

05/07/20 9:53 PM

#72036 RE: wadegarret #72033

Wade- I think Mermel is right. QE1 started around December 2008 and the market bottomed shortly thereafter.

“Starting in 2008, the U.S. Federal Reserve started a quantitative easing program by increasing the money supply by $4 trillion. This had the effect of increasing the asset side of the Federal Reserve's balance sheet, as it purchased bonds, mortgages, and other assets.”