Fed Injects Cash for Third Day as Calm Returns to Funding Market https://finance.yahoo.com/news/fed-plans-intervene-repo-market-205928890.html?bcmt=1
DoubleLine's Gundlach says U.S. Fed will embark on 'QE lite' 'pretty soon' (Reuters) - Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Tuesday that the repo market squeeze makes it more likely that the Federal Reserve will resume expansion of its balance sheet “pretty soon.” Gundlach told Reuters that the Federal Reserve will embark on “QE lite,” or quantitative easing, an unconventional monetary policy in which a central bank purchases government securities or other securities from the market in order to increase the money supply and encourage lending and investment. https://www.reuters.com/article/us-...l-embark-on-qe-lite-pretty-soon-idUSKBN1W22FV So far the stock market isn't affected, but it is starting to look a little concerning if the FED has to keep injecting cash
India Surprises With $20 Billion Tax Cut Stimulus; Stocks Soar https://finance.yahoo.com/news/india-slashes-corporate-tax-rate-055728160.html?bcmt=1 Guessing there is still upside left for the stock market in India, bought a little bit of IBN this morning to play it
Fed plans to conduct daily repo operations until October 10 https://www.marketwatch.com/story/f...y-repo-operations-until-october-10-2019-09-20
Trump says he doesn’t need a trade deal with China before the 2020 election https://www.cnbc.com/2019/09/20/tru...deal-with-china-before-the-2020-election.html Looks like a little bit of a pullback here for the market, maybe this headline has something to do with it
Thanks - I am probably going to hold over the weekend. I assume our tweeter in chief will have something to say about them pulling out of the meeting causing some more trouble in the market.
