(Reuters) – The Federal Reserve has moved into overdrive to try to keep the U.S. economy from suffering lasting damage from the coronavirus pandemic, announcing an emergency interest rate cut on March 3 and rolling out new efforts almost weekly since, including slashing rates to zero and relaunching large-scale asset purchases. The U.S. central bank,
We have now evidences on how market participants behave during the fastest and deepest drop in US Equities in history. I have been reading every source that I trust and trying to make a logical rationale to give more probabilities to one of the two scenarios: UP or DOWN from here. However it is still
This week the financial markets stopped serving as a mechanism to discount the future correctly, this forced central banks and government around the world to take strong measures to balance the panic. It helped however the SPX closed the week at the lows. Today 1.5tr USD exited the market on the option expiration. This might
