Stocks surge over 3 percent
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silversalvo 4 years ago
While i think other indicators will benefit from this, its quite obvious that more then the Fed is needed on this one. Its possible that the overall economy will bounce back, however its intent is still to stop the slump/recession. As long as the U.s. government (And its allies) keep away from real changes in policies, it will deteriorate.
My 2 cents.
silversalvo 4 years ago
If other indicators can muster up some growth from that, it could be a good sign. However i think it should be primordially considered a move to stop the drop, not what i would consider a sure thing for recovery... well not if the U.s. government, under Bush, keeps dodging this issue.
silversalvo 4 years ago
Pumping even more money into the market means a deeper recession ahead or even a deep financial crisis. They (FED) know that very well and they do that on purpose. Just watch when they will be withdrawing money from the market on a massive scale raising rates. This will allow taking over properties, companies and will put US government into a debt trap FED make sure they never get out of it. That's the plan just like the 1929 market crash.
nodegate 4 years ago
So let me get this straight.
In order to assist the situation - they're going to allow for greater leverage.
Wonderful. Just wonderful.
AirelonTrading 4 years ago