This IS a sleeper that will NOT go unnoticed by Wall Street…
This smacks of the 2008/2009 debt crisis…
They are proping up things….
The Federal Reserve is WORRIED….
They are moving ahead of the Trump admin and Congress who seem to be thinking about NOT pumping any more money into the economy…They will buy those companies bonds directly….
Folks?
This IS Scary….
Victoria Guida
@vtg2
BREAKING: The Fed will begin extending emergency loans to large corporations, under a new approach that won’t require companies to seek out funds directly. The Fed will create an index of US corporate bonds to purchase, made up of all companies that meet its eligibility criteria.