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Author Topic: Breaking>>Fed cuts interest rates to zero percent, announces $700B in bond purchases  (Read 1416 times)

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Offline Cyber Liberty

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Re: Breaking>>Fed cuts interest rates to zero percent, announces $700B in bond purchases
« Reply #25 on: March 16, 2020, 08:42:16 pm »
Well, that worked.  The DJIA closed down just a couple of bucks short of 3,000 points.   9999hair out0000

All the FED did was spook a much broader range of investors.
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Re: Breaking>>Fed cuts interest rates to zero percent, announces $700B in bond purchases
« Reply #26 on: March 16, 2020, 09:19:53 pm »
Quote from: Cyber Liberty on March 16, 2020, 08:42:16 pm
Well, that worked.  The DJIA closed down just a couple of bucks short of 3,000 points.   9999hair out0000

All the FED did was spook a much broader range of investors.

Buy the rumor, sell the news.
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