Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Marcuse

(8,697 posts) Thu Mar 12, 2020, 01:48 PM Mar 2020

Fed injecting $1.5 trillion into bond markets; U.S. stocks dive after Trump issues coronavirus trave [View all]

Source: Washington Post

The Federal Reserve took the highly unusual step of injecting more money into the bond market Thursday to ensure the financial system remains stable. The New York Fed will pump $1.5 trillion into the short-term lending markets that banks use to lend to each other on Thursday and Friday.

Read more: https://www.washingtonpost.com/business/2020/03/12/markets-live-updates-coronavirus-economy/

Socialism!

18 replies

= new reply since forum marked as read

Highlight:

Fed injecting $1.5 trillion into bond markets; U.S. stocks dive after Trump issues coronavirus trave [View all] Marcuse Mar 2020 OP

Hmmm sounds like a bailout underpants Mar 2020 #1

The markets began to retrace lost ground when the Fed repos were announced Mike 03 Mar 2020 #2

Hmm... Doesn't that have to be paid back? djacq Mar 2020 #3

shush you. killing the repuke buzz, dude. LOL Javaman Mar 2020 #4

LOL mdbl Mar 2020 #10

when Biden is president IronLionZion Mar 2020 #14

The DOW went down to a 800 pt. loss briefly CountAllVotes Mar 2020 #5

Each time this happens with an R POTUS Cosmocat Mar 2020 #6

This message was self-deleted by its author Javaman Mar 2020 #16

2:15 p.m. European markets wrap up worst day ever on 11 percent rout. NT mahatmakanejeeves Mar 2020 #7

The Trump economy. keithbvadu2 Mar 2020 #8

Needs to be said more often hot2na Mar 2020 #12

Spitting into the wind. nt Cognitive_Resonance Mar 2020 #9

More of that socialism they hate so much. nt yaesu Mar 2020 #11

Im just a working clas schmuck, I thought the whole point of stock market was to ride out the Kashkakat v.2.0 Mar 2020 #13

Basically another bank bailout like in 2008, here we go again. Lets hope they bail out the American yaesu Mar 2020 #15

want the market to skyrocket over night? get rid of the orange asshole. nt Javaman Mar 2020 #17

Isn't $1.5T more than double the amount ... aggiesal Mar 2020 #18