Federal Reserve has just announced OFFICIAL QE5 - DROPS PRIME 0%
It's going to cause the mother of bear traps and a rip-your-face off rally.
Again a good trader must change their position based on changing variables. This is huge.
It can be fully expected they will print *whatever* is required and POUND OUT THE SHORTS.. If you look back to 2007/8 they bought $3.7 TRILLION in equities which they are holding to this day.
fred.stlouisfed.org/series/WALCL
zerohedge.com/markets/fed-panics-powell-cuts-rates-zero-announces-700bn-qe5-unveils-enhanced-global-swap-lines
Again a good trader must change their position based on changing variables. This is huge.
It can be fully expected they will print *whatever* is required and POUND OUT THE SHORTS.. If you look back to 2007/8 they bought $3.7 TRILLION in equities which they are holding to this day.
fred.stlouisfed.org/series/WALCL
zerohedge.com/markets/fed-panics-powell-cuts-rates-zero-announces-700bn-qe5-unveils-enhanced-global-swap-lines
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