“Circling The Drain” – The Fed’s Zombification Of America Will Have Dire Consequences | Zero Hedge

KW: The Presidential election in November is no doubt having a bigg influence on the actions of the FED. The last thing Trump wants now is a shattered stock market as well as a cultural revolution in race relations going on at the same time on top of a covid-19 outbreak of Biblical plague proportions all at the same time. Some people could then argue he has lost control! – even Joe Biden could make a case and remember what it was he started out saying at the beginning of his speech. The thing the FED has to watch now is just how far will they let stocks rally before they have to intervene to reduce prices because even idiots can now see that the whole market is a joke casino ripe for a tumble, as Hertz share buyers of the bankrupt companies share discover after they googled the worfd ‘bankruptcy’ to see what it means

 

How scared are they of these markets that they have to intervene at every down turn?

Source: “Circling The Drain” – The Fed’s Zombification Of America Will Have Dire Consequences | Zero Hedge