This isn’t going to work. I don’t see how you successfully manipulate the markets while shutting down the economy at the consumer level. What happens when horrid numbers are reported over the next few months? You think the bankers are going to care about this QE? Not a bit. A lot of bankers are going to get rich and the slide to recession will continue.
The markets threw off the recent Fed actions in an hour or less.
The markets may sleep in tomorrow morning.
St. Paddy Day Partying can be tough on one.
The banks borrow the money at zero percent, then buy stocks. The price of the stocks go up. People sitting on cash het back in the market thinking alls well again. The the correction/crash as is happing now....