| A Major Reveal About the Fed Jeffrey Gundlach is a self-made billionaire bond fund manager. As such, he is one of the largest buyers of bonds in the markets. And last week on Friday, May 1, 2020, he tweeted the following: The Fed responded to this accusation yesterday, Monday May 4, by posting on its website that it would begin buying corporate bonds in "early May": When will the CCFs be operational? The SMCCF is expected to begin purchasing eligible ETFs in early May. The PMCCF is expected to become operational and the SMCCF is expected to begin purchasing eligible corporate bonds soon thereafter. Additional details on timing will be made available as those dates approach. Source: New York Federal Reserve Remember, the Fed promised to buy corporate bonds back on MARCH 23. And that announcement stopped the stock market meltdown. Now it is May 5 – six weeks later – and the Fed hasn't bought a single corporate bond. Stocks literally rallied 30% on a lie. These are crazy times. And of course, this begs the question… What else is the Fed lying about? Best Regards,  Graham Summers Editor, Money & Crisis P.S. These days, it seems the regular investor doesn't stand a chance in the market. Machines are involved and if you don't have a way to track their activity, it's seemingly impossible to make any money. My colleague James Altucher recently found a way to exploit these types of machines and made a video to show you the results. Check out the video by clicking here. |
Tidak ada komentar:
Posting Komentar