Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

kimbutgar

(21,111 posts)

1. The federal reserve is getting money from the US Treasury

Reply to kentuck (Original post)

Sat Aug 29, 2020, 01:06 PM

Aug 2020

And they are buying the Dow stocks and pushing up the market. It is all smoke and mirrors. And you can bet when Biden is elected it will go down. Munchin will pull the plug and stop propping up the market.

Edit history

Please sign in to view edit histories.

12 replies

= new reply since forum marked as read

Highlight:

Why the stock market is doing so well in a crap economy? [View all] kentuck Aug 2020 OP

The federal reserve is getting money from the US Treasury kimbutgar Aug 2020 #1

Almost ProfessorGAC Aug 2020 #5

Just saw this on Twitter you are right it's bonds not stocks. kimbutgar Aug 2020 #9

It's Still Fed Intervention ProfessorGAC Aug 2020 #10

The PPT + corporate tax cuts spurring stock buy-backs rising stock prices PSPS Aug 2020 #2

When the FED loans the big banks trillions at near zero percent interest..... calguy Aug 2020 #3

The stock market is mostly a function of the profitability of large public companies unblock Aug 2020 #4

Well said. PoindexterOglethorpe Aug 2020 #12

More buyers than sellers. ooky Aug 2020 #6

Others Have Answered, And... ProfessorGAC Aug 2020 #7

Maybe some fat cats trying to help Dump? moondust Aug 2020 #8

The Stock Market has been largely decoupled from the general economy... Wounded Bear Aug 2020 #11