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.

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.”