GNC General Discussion, page-175

  1. 19 Posts.
    there's a bull narrative that the US fed giving 5% interest loans to banks at the face value amount of bonds purchased before March 13th to cover deposits is QE(it isn't). So this has led to a rally in growth stocks and inversely, a sell off of value stocks.

    I suspect the situation will be made very clear by the FOMC meeting tomorrow.


 
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