Stocks up 70 points on Powell saying Congress needs to find a way to keep people paying their bills, any recovery might drag into 2021 and might not be possible without a vaccine… but the Fed has unlimited power to print all the money it needs to pump markets. pic.twitter.com/97DZt6Gyz7
— ๐ฟ๐๐ ๐น๐๐-๐ฐ๐๐๐๐๐๐๐l ๐ฐ๐๐๐๐๐๐๐l (@Known__Unknowns) May 18, 2020
Quantitative easing as a share of GDP
(Via @SoberLook ) pic.twitter.com/934zilH8n7— ๐ฎ๐๐ ๐ข๏ธ (@chigrl) May 18, 2020
How many people at the Fed actually managed a bond portfolio on Wall Street and succeeded b/f coming to the Fed? How many current Fed Gov's were at the Fed during prior bubbles and denied those bubbles? How many people at the Fed ever held an exec. level job in a company? ๐ค๐คฆโโ๏ธ pic.twitter.com/NweBmyQqxX
— M/I_Investments (@MI_Investments) May 18, 2020
tilt your head for the truth pic.twitter.com/39aBZ3wpcA
— Alastair Williamson (@StockBoardAsset) May 17, 2020
Atlanta Fed GDPNow vs. GDP: pic.twitter.com/0jEfcoMnfx
— Michael McDonough (@M_McDonough) May 18, 2020