Curious what ETFs the FED has been buying?

in hive-148441 •  last month 

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:

https://hive.blog/hive-148441/@jrcornel/bitcoin-hardened-while-the-u-s-fed-announced-they-will-be-buying-etfs

Specifically, they announced they would be buying corporate bond ETFs.

The breakdown of which can be seen here:

image.png

(Source: https://twitter.com/QTRResearch/status/1266537161639235584)

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.

-Doc

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

The interesting thing is that they are buying "junk bond" ETFs as well. And one of the those funds literally has the ticker "JNK"...

wow. chart here shows just how much the price of junk soared after the fed started buying.

Yep, color me surprised...

@tipu curate

Upvoted 👌 (Mana: 5/20)

Thanks for the tip!

Interesting post. ETF's are so bizarre anyway

Posted Using LeoFinance

Why do you say that? I think they are great personally.

  ·  last month Reveal Comment