"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
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