Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, and founder of New Millennium Wealth. My goal is to help individuals get out of the rat race and become financially free, by showing you every step of my journey, and by sharing all of the knowledge I have accumulated about trading, investing, markets, and economics over the past 5 years.
Episodes
Thursday May 07, 2020
Thursday May 07, 2020
On April 27, the Federal Reserved announced that it would start buying corporate bond ETFs through Black Rock in order to provide liquidity to the market, in an attempt to stop the market from crashing.
Is this really all that surprising? In short, no it isn't.
The more important question to ask is whether they will be successful with this, yet another form of intervention, and what effects will it have on the economy long term? We talk about all this and more in today's episode.
Please remember to leave me a RATING/REVIEW on iTunes.
Today's Article Links:
https://mises.org/wire/keynes-called-himself-socialist-he-was-right
https://www.marketwatch.com/story/the-fed-is-going-to-buy-etfs-what-does-it-mean-2020-03-23
https://www.gurufocus.com/news/1097497/will-the-fed-buy-stocks-to-prop-up-markets
https://www.federalreserve.gov/aboutthefed/section14.htm
Affiliate Links:
Follow Me:
► YouTube
Comments (0)
To leave or reply to comments, please download free Podbean or
No Comments
To leave or reply to comments,
please download free Podbean App.