LMAO! Fed’s Powell says central bank has no desire to run though financial markets like “an elephant,” in response to a question about Fed corporate bond buying.

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Powell Says the Fed Doesn’t Want to ‘Run through the Bond Market like an Elephant’

Powell said the central bank’s announced move this week to buy corporate bonds fulfills a pledge it had made earlier but is not an effort to take over the market.



Scott Minerd: Markets May Crash So Badly the Fed Has to Start Buying Stocks

“There’s a point where the Federal Reserve is going to have to pull out a bazooka,” Minerd said in an interview. “And I think the option of buying stocks on the part of the Fed is on the table.”


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