HUGE SELLOFF of Tech Stocks as Fed Reduces Corporate Bond ETF Purchases. Coincidence?

Stocks have been fluctuating wildly. But is it a coincidence that the Fed reduced their rapid ascent to more of a stream, right around the time where stocks lost their parabolic rise? It’s certainly possible that the market feels it has gone a long way up without a breather and now reassessing the situation. There are many situations which need to be resolved here in 2020 and without more stimulus, there will be difficulty in finding the broad markets rising.

 

U.S. Stocks See Third-Biggest Outflow Ever

finance.yahoo.com/news/u-stocks-see-third-biggest-091124260.html

f046bc42683d4a19d2402b3347903489 (960×540)

s.yimg.com/ny/api/res/1.2/DIaCaX.aUi__9Cw4OhPotw–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MA–/https://s.yimg.com/uu/api/res/1.2/auUnJuLJXXhV1sWgiWNirA–~B/aD02NzU7dz0xMjAwO3NtPTE7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/bloomberg_markets_842/f046bc42683d4a19d2402b3347903489

weekly equity fund flows.jpg (559×419)

www.zerohedge.com/s3/files/inline-images/weekly%20equity%20fund%20flows.jpg?itok=7vChXvzZ

SMCFF 9.25.jpg (568×404)

www.zerohedge.com/s3/files/inline-images/SMCFF%209.25.jpg?itok=gftMYWH5

peak tech.jpg (767×459)

www.zerohedge.com/s3/files/inline-images/peak%20tech.jpg?itok=smAaVXs2

pace of cb purchases.jpg (616×313)

www.zerohedge.com/s3/files/inline-images/pace%20of%20cb%20purchases.jpg?itok=THj15K_y

withdrawal of aid_0.jpg (672×462)

www.zerohedge.com/s3/files/inline-images/withdrawal%20of%20aid_0.jpg?itok=A7Uvt0Jh

FRB: H.4.1 Release–Factors Affecting Reserve Balances– September 24, 2020

www.federalreserve.gov/releases/h41/current/

These companies are returning money to shareholders after cutting jobs

www.cnbc.com/2020/09/25/these-companies-are-returning-money-to-shareholders-after-cutting-jobs.html

Walmart cuts workers’ hours but increases workload as sales rise amid pandemic | Walmart | The Guardian

www.theguardian.com/business/2020/sep/24/walmart-workers-hours-pay-great-workplace

Inline XBRL Viewer

www.sec.gov/ix?doc=/Archives/edgar/data/4515/000119312520254691/d94041d8k.htm

AAL total debt.jpg (972×626)

www.zerohedge.com/s3/files/inline-images/AAL%20total%20debt.jpg?itok=XCiKFr0-

Evergrande Faces Crisis of Confidence Over $120 Billion Debt – Bloomberg

www.bloomberg.com/news/articles/2020-09-25/evergrande-faces-crisis-of-confidence-over-120-billion-debt?sref=ZEpEDN5v

Evergrande bond trading halted on reports of cash crunch | Financial Times

www.ft.com/content/f655ba5f-7a69-4927-b2b0-355dfb666398

Reports: Kuwait and the UAE in economic pain amid pandemic

apnews.com/article/virus-outbreak-dubai-united-arab-emirates-kuwait-financial-markets-97c7b9916e1c6e51e024867561cc33f0

UK supermarkets Tesco and Morrisons are rationing toilet paper and hand sanitizer as fears of panic buying return. One worker said their store was ‘worse than a bad Christmas.’

www.msn.com/en-us/foodanddrink/other/uk-supermarkets-tesco-and-morrisons-are-rationing-toilet-paper-and-hand-sanitizer-as-fears-of-panic-buying-return-one-worker-said-their-store-was-worse-than-a-bad-christmas/ar-BB19pTBr