Fed announces it will inject $1.5 TRILLION into markets to offset media-driven panic

[GhostOfMatchesMalone]

This comes after Pres Trump demanded the move on Tuesday.

Eat it, dems.

 

[sadgator]

The latest plunge began Wednesday night, as Trump started outlining his policy response to the epidemic in a widely criticized Oval Office speech, and accelerated once trading opened Thursday in New York. Even the Federal Reserve’s promise to make available $1.5 trillion to smooth the operations of the giant U.S. Treasury market could not calm anxious investors.
https://www.washingtonpost.com/us-policy/2020/03/12/markets-stocks-today-coronavirus/

Man, you really are horrible at political posting...it’s astonishing really given that you appear to care about it so much and are such a ”critical” thinker....lol...

 

[bradleygator]

He’s already thrown limitless dollars at the market. If he wants to calm down the markets, he needs to make sure a competent testing program is put in place and then publicize it! Not “our testing is getting better every day,” but “tests are available for everyone doctors think necessary (and for the doctors and nurses themselves) and this is how you get one.” This is how many we’ve tested, this is our per day capacity, etc... Basically what he should have done a month ago.

Markets aren’t going to listen to his bs. He has zero credibility. Hopefully he can get his shit together before a 2008 style bottom out.

 

[GhostOfMatchesMalone]

He’s already thrown limitless dollars at the market. If he wants to calm down the markets, he needs to make sure a competent testing program is put in place and then publicize it!

Thanks, Mr Talking Points. You want testing kits! Because testing kits save lives! If you KNOW that you have.....the flu....then you no longer have it! Genius!

Your beloved Dr Fauci told you that the system cannot support mass production of testing kits. This predates Trump and has nothing to do with him. But again....talking points. Orange Man Bad.

Dems: This will infect 100 MILLION PEOPLE in this country and KILL a MILLION

Also Dems: But there's no need to cancel the fall football season, we'll be fine in a few weeks.