On 23 March, right at the point when U.S. equity markets tanked in bear market territory and were heading lower, the U.S. Federal Reserve announced it would buy corporate bonds, first through exchange-traded bond funds and then individually.

The Fed’s assurance that they would shore up . . .

This important article is for subscribers only. To read this entire article click here.

Click Here To Subscribe.

1 Comment
  1. Philip Zyrski 2 weeks ago

    Ford Motor Company, an organization of U.S. strategic importance is now a “fallen angel” with junk bond status?!?! This is completely unheard of. Ford created the current workweek we follow today! Even motorcycle legend Harley Davidson has serious issues! These corporations are America’s commercial institutions, now they’re on the brink of becoming defunct or even insolvent. This is a threat to not only America’s economy but our heritage as well.

Leave a reply

©2020 The Trends Journal

Log in with your credentials

Forgot your details?