Posted on 03/15/2020 2:12:17 PM PDT by billyboy15
Market behavior will be interesting tomorrow.
WTF?
I thought the Fed was out to GET TRUMP!
Enough—or too frightening?
Oh, man! I wish I owned a major bank right now.
ML/NJ
How can they possibly cut rates on a Sunday?
My 401 k has evaporated. I’ll be picking up pop cans before long.
Well Trump was talking about minus interest rates so this is a step.
Trump speaking about it now.
Well, the next step is to go negative, like other places.
A step to far for me that would be.
They are terrified of the Market on Monday.
Get ready for another round of inflation.
Before the last “quantitative easing,” a deli lunch cost $5.
A few years after it, the same lunch cost $10.
I imagine in a few more years, it will cost $20.
Trump on it now: he’s thrilled.
If you haven’t sold it will come back. If you’re holding any bonds they should do quite well.
I’m curious to see if these actions affect rates on car loans. My car is running fine, but it’s 15 yr old and has 140,000 miles on it. I wouldn’t mind at a all getting a final new car.
what’s next — negative interest rates? Good grief.
What is next? Negative Stock Prices?
Well, at least that will let some Stocks have a positive P/E ratio going forward.
Good thing there is no liquidity problem. Banks have all sorts of cash...at least that’s what they said last week.
You can hear the hoof beats of the pigs running to wet their snouts.
It works, but only if you're in a deposit charging state.
https://www.thepennyhoarder.com/make-money/quick-money/aluminum-can-recycling/
https://www.ncsl.org/research/environment-and-natural-resources/state-beverage-container-laws.aspx
This is probably aimed at the overseas futures markets, which I believe open this afternoon or evening.
Of course, this won’t help restore disrupted supply flows from China or compensate lost sales....
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