Powell: only limit on Fed is the amount of backstop it gets from the treasury

Powell: only limit on Fed is the amount of backstop it gets from the treasury

U.S. FED'S POWELL SAYS ON NBC ONLY LIMIT ON FED IS THE AMOUNT OF BACKSTOP IT GETS FROM THE TREASURY
— *Walter Bloomberg (@DeItaone) March 26, 2020

Added at 6:11am

POWELL SAYS EVERY DOLLAR FROM TREASURY CAN SUPPORT $10 IN FED LOANS - NBC
— *Walter Bloomberg (@DeItaone) March 26, 2020

Added at 6:11am

"All over the world investors have pulled back to less risky things, but what that's meant is many places in the capital markets ... have just stopped working. We can step in and replace that lending under our emergency lending powers, and we will do that." -Powell pic.twitter.com/ZIOyDWsVWq
— TODAY (@TODAYshow) March 26, 2020

Added at 6:14am

Fed’s Powell: When Virus Is Under Control, Confidence Will Return
- Could see Good Rebound When Virus Passes
- Fed Trying To Ensure Rebound As Vigorous As Possible
— LiveSquawk (@LiveSquawk) March 26, 2020

Added at 6:21am

POWELL SAYS WE'RE NOT GOING TO RUN OUT OF AMMUNITION WHEN IT COMES TO UPCOMING LENDING
— RedboxGlobal (@RedboxWire) March 26, 2020

Comments / Top
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NotAtrader

Mar 26, 2020 7:17am

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Quoting rashadali

Disliked

What chaos ? It is going to lasst for two maximum three months. Russia and IRan is under sanctions for many years and no chaos at all! ))

Ignored

Of course problem. While Russia and Iran was many years under sanctions, the rest of the world was many years without a coronavirus. Thus illegal trading and exchange was possible with other countries.
The situations is very very different now as the whole world’s economy is paralyzed.

Not-KPMG

Mar 26, 2020 5:06pm

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Quoting Maroc-Ismail

Disliked

Trying to weaken USD..

Ignored

You print 30 pajillion of something....

Wait and see

NotAtrader

Mar 26, 2020 8:42am

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Quoting Not-KPMG

Disliked

{quote} Temporary buddy. Few months only... I say end April or end May world can pick itself up

Ignored

I very much hope so

Maroc-Ismail

Mar 26, 2020 4:28pm

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Trying to weaken USD..

Not-KPMG

Mar 26, 2020 8:09am

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Quoting NotAtrader

Disliked

{quote} Of course problem.... with other countries. The situations is very very different now as the whole world’s economy is paralyzed.

Ignored

Temporary buddy.🍻🍻

Few months only...
I say end April or end May world can pick itself up💰

JackJones

Mar 26, 2020 8:45am — Edited

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The USD is brought because the world trusts it but now it's willing to triple-down and inflate away based on 'that trust', meanwhile China is sitting in the background seemingly handling this whole situation like A BOSS >.<
- not sure i'd want a leader who values 'the market' that much, because you know, the crowd be crazy.

Maroc-Ismail

Mar 26, 2020 6:11pm

Permalink

Quoting Not-KPMG

Disliked

{quote} You print 30 pajillion of something.... Wait and see

Ignored

I wouldnt even want it anymore

Not-KPMG

Mar 26, 2020 8:07am

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Blaaaaaa

You haven't lived until you've seen this

https://brrr.money

Try it until you get the music too

I'm dying laughing

afevir

Mar 26, 2020 6:24am

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is the chaos

afevir

Mar 26, 2020 6:35am

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Soon job demands and booooom !!! , exploded everything

2dollardog

Mar 26, 2020 6:45am

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How much of the job numbers are already priced in?

rashadali

Mar 26, 2020 6:47am

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What chaos ? It is going to lasst for two maximum three months. Russia and IRan is under sanctions for many years and no chaos at all! ))

ilhaner

Mar 26, 2020 7:13am

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Quoting 2dollardog

Disliked

How much of the job numbers are already priced in?

Ignored

Probably somewhere in the neighborhood of 1.5-2 mil

kwanelemsomi

Mar 26, 2020 7:15am

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Unemployment claims report coming up in about 15 minutes... Any ideas if this report will have a big impact on the market??

foto

Mar 26, 2020 8:24am

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Quoting Not-KPMG

Disliked

{quote} Temporary buddy. Few months only... I say end April or end May world can pick itself up

Ignored

This is the W.P.A. without Nationalizing everything. Private sector supposed to partner with Feds. If it drags on and on then comes the Big Guns.
If you are a private Business and participating Pray night and day a vaccine comes quickly. Just bear in mind once you sign on with the Feds, remember who can change the games rule book with stroke of a Pen and who can not.