Fed

With all due respect to Thursday's massive repo expansion, [i][b]this [/b][/i]is the Fed's bazooka. It also means that after this, the Fed - which just cut rates to zero and launched QE5 - is now out of ammo, [b]as Powell will have to cut rates to negative next and/or buy stocks outright for further monetary stimulus, something that would require the permission of Congress. [/b]And since that is unlikely absent a total collapse in the financial system, we are now down to fiscal stimulus and US politicians acting in a bipartisan fashion. Which may be a huge gamble.

https://www.zerohedge.com/markets/fed-pa...swap-lines

Die Maßnahmen erinnern an die Finanzkrise, aber alles auf einmal an einem
Tag ist historisch. Das ist die wirkliche Bazooka. 

Aber alles hat seinen Preis. Damit hat die Fed ihre Munition verschossen. All eyes now on Trump und den Kongress. Das kann auch schief gehen.