Quote:
Originally Posted by bronco67
Some of us will lose money in the markets because of this bullshit. I know my 401k will get hammered.
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Maybe not for long though. As long as the news is bad, the fed will keep buying bonds keeping interest rates so low we have nowhere else to invest. Propping up stocks.
But if we run dry on 10/17, Will that mean a treasury default? If nobody buys treasuries, Maybe the fed can continue buying all them up?