Daily Archives: July 30, 2020

Jerome Powells Wants Another Bubble…And He’s Willing to Do Whatever It Takes

Posted on July 30, 2020 by Phoenix Capital Research

The stock market roared higher when Fed Chair Jerome Powell announced… 1)    The Fed will hold rates near zero for the foreseeable future 2)    The Fed is extending its dollar repo and swap line to March 31 3)    The Fed … Continue reading →

Posted in Central Bank Insanity | Comments Off on Jerome Powells Wants Another Bubble…And He’s Willing to Do Whatever It Takes

Bubble Watch: The Fed Is About to Give Wall Street Another $2.1 Trillion to Play With

Posted on July 30, 2020 by Phoenix Capital Research

The stock market roared higher when Fed Chair Jerome Powell announced… 1)    The Fed will hold rates near zero for the foreseeable future 2)    The Fed is extending its dollar repo and swap line to March 31 3)    The Fed … Continue reading →

Posted in Central Bank Insanity | Comments Off on Bubble Watch: The Fed Is About to Give Wall Street Another $2.1 Trillion to Play With