The Fed is going to be buying HY bonds! In addition now to the muni market and investment grade. Equities come next, I am sure. The Fed has followed the ECB, which had already followed the BoJ. As Powell’s picture goes on the hundred dollar bill, gold is going a lot higher.
— David Rosenberg (@EconguyRosie) April 9, 2020
via Twitter https://twitter.com/EconguyRosie
April 09, 2020 at 07:01PM
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