The FED has been buying ETFs for the first time ever, here's what they have been buying...
It was announced several weeks back that the FED would be buying ETFs for the first time in our nation's history.
More on that can be seen here:
Specifically, they announced they would be buying corporate bond ETFs.
The breakdown of which can be seen here:
The interesting thing is that they are buying "junk bond" ETFs as well.
And one of the those funds literally has the ticker "JNK"...
Can't make this stuff up...
That's where our tax dollars (and non tax dollars created out of thin air) are going.
Stay informed my friends.