“Shocked…Shocked I Tell You…” The #Fed says they are going to buy #junk #ETFs. Investors buy #junk #ETFs. Who would have thought that would happen? Powell: “Fed policies absolutely don’t add to inequality.”

"Shocked…Shocked I Tell You…"
The #Fed says they are going to buy #junk #ETFs.
Investors buy #junk #ETFs
Who would have thought that would happen? pic.twitter.com/G8faoXBFtd

— Lance Roberts (@LanceRoberts) June 1, 2020

Powell: "Fed policies absolutely don't add to inequality."

Given:
$3.3T added to Fed balance sheet since 8/28/2019$SPX is up 156 points since this date (5.4%)
90% of stocks are owned by top 10%

Powell's statement is material, false & he should be brought up on fraud charges.

— Brad Huston (@BradHuston) June 1, 2020

Fiscal #stimulus : USD 9 trillion! Chart by @wef pic.twitter.com/WsJDiS1iAx

— jeroen blokland (@jsblokland) June 1, 2020