Coordinated Intervention On A Massive Scale

Trump administration has finally seen the white of their eyes. About an hour or so ago, with the stock market careening, bankers screaming and the World Health Organization breaking ranks and declaring a global pandemic, forced Trump to realize he was about to lose the election. Then they will kitchen sink it. That means they will throw everything including all the tools and monetary policy plus fiscal policy and the greatest stimulus and bailout program in American history. And yes, it will work. FED Reserve just announced that it’s going to do the biggest overnight repo in its history. That will provide incredible liquidity to the banking system and everybody will get a bailout.