BULLARD: IF FED NEEDS TO PROVIDE MORE STIMULUS, ASSET BUYING LIKELY BEST PATH
— *Walter Bloomberg (@DeItaOne) October 6, 2020
*POWELL: `RISKS OF OVERDOING IT' ON AID SMALLER THAN TOO LITTLE
Translation … this chart above is not impressive enough yet. Moar!!!! pic.twitter.com/QqPSgFegse
— Jim Bianco (@biancoresearch) October 6, 2020
AT&T borrowed $12 billion at a subsidized rate thanks to the Fed's corporate credit support. Weeks later, they laid off thousands of workers.
This support could have been conditioned on keeping workers employed. Instead, it's helped shareholders & execs. https://t.co/DIBTVxvVGM
— Gregg Gelzinis (@FinGregg) October 6, 2020
The wealthiest 1% of Americans own 50% of the value of stocks held by individual households, and the top 10% control 88% — and the stark divide is fueling an increasingly lopsided economic recovery (story w/ @kelmej)https://t.co/Ms7Em7BCVK
— Victoria Guida (@vtg2) October 6, 2020
U.S. private sector financial assets (ex real estate) as % of GDP have spiked to highest level in ~70 years @BankofAmerica @SoberLook pic.twitter.com/vK3ZBmaToB
— Liz Ann Sonders (@LizAnnSonders) October 6, 2020
Yields on the lowest-rated U.S. corporate debt fall to the lowest in two years, via @gowrinyc @theterminal pic.twitter.com/xY34YCrq7g
— Lisa Abramowicz (@lisaabramowicz1) October 6, 2020
Matter of time.
All central banks are poised to catch up with Japan & Switzerland.
Both own well above 100% of assets relative to GDP.
The path has been laid out.
Others should follow. pic.twitter.com/GmyUOvPGEk
— Otavio (Tavi) Costa (@TaviCosta) October 3, 2020