There is zero excuse for Powell buying Apple bonds. It provides zero economic benefit to the country, reduces the rate pensions can earn investing in blue chip debt, and is illegal. Powell should be brought up on charges.

https://twitter.com/realJosephRich/status/1297233525998080000

Despite massive liquidity injections, more loans are rejected and credit standards tighten.

Why? Liquidity does not change solvency issueshttps://t.co/3d3toJY0AL

— Daniel Lacalle (@dlacalle_IA) August 22, 2020

https://twitter.com/Hoz94s/status/1297277497655152640

https://twitter.com/TenYearNote/status/1297273105077825536

Yearly change in M2 money supply. pic.twitter.com/7184vpOoVJ

— Win Smart, CFA (@WinfieldSmart) August 22, 2020

St. Louis Fed Financial Stress Index measures below zero for a sixth straight week, dipping to -0.4647 in the week ended Aug. 14 (0=normal stress) https://t.co/6kNZhsyW3W pic.twitter.com/yzMQw0mhn8

— St. Louis Fed (@stlouisfed) August 23, 2020

https://twitter.com/jtcrombie/status/1296781003860717568

They are going to keep printing.

QE ♾ has been confirmed.

So has MMT.

They will press it until the Collapse. https://t.co/McOpm6QVOR

— Paranoid Bull (@paranoidbull) August 22, 2020

Bears Are Going Extinct in Stock Market’s $13 Trillion Rebound [Bloomberg]

Corporate America choking on debt…

Struggling retailers rush to file bankruptcy

https://twitter.com/MacroTechnicals/status/1297500268179972097