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still_one

(92,136 posts)
1. There are two things to suggest that the worst of the selling may be over
Tue Mar 24, 2020, 08:28 AM
Mar 2020

1. The fed is in there buying MBS and equities. It is generally unwise to fight the fed.
2. It is reported that Quant selling is over. If that is accurate, then we are probably close to a bottom

This does not mean there will be a "V shaped" recovery, as some believe, but more likely an "L shaped" recovery, and will take a good amount of time to recover.

I tend to agree with those that are saying when we come out of this, it will be a different world, and things will be changed forever



 

Aquaria

(1,076 posts)
2. I dunno
Tue Mar 24, 2020, 08:42 AM
Mar 2020

When you don't have people working or pumping money into the economy, that's an economy that's got a bottom under the false floor of the fed infusion.

This fool isn't smart enough to do all of the other things that help the fed to stabilize everything, and the people around him only know how to feast like parasites.

I have a bad feeling about this.

still_one

(92,136 posts)
4. What the fed is doing is inflationary for sure. The quantitative trading is bullshit as far as I am
Tue Mar 24, 2020, 08:47 AM
Mar 2020

concerned, and has helped accelerate the volatility

Making sure there is enough liquidity in the markets is important, but I don't think there is going to be a quick recovery from this. I just think that we are probably close to a bottom

We will see in the course of time


Roland99

(53,342 posts)
3. Futures up 4+% right now...we'll see
Tue Mar 24, 2020, 08:46 AM
Mar 2020

Asian markets were up strong as is Europe. China is starting to reopen businesses.

still_one

(92,136 posts)
6. Since the Fed announced it would be actively buying MBS and equities, I believe that has indicated
Tue Mar 24, 2020, 08:52 AM
Mar 2020

we are close to a bottom

Doesn't mean things will rapidly go up, and I personally don't think they will until the health crisis is brought under control


 

beachbumbob

(9,263 posts)
5. the FED announced they will actually BUY ETFs for the first time in history
Tue Mar 24, 2020, 08:49 AM
Mar 2020

so this is now official, we no longer fear socialism

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