Fed Buying Junk Bonds: --Yikes!
Amidst all the recent turmoil in the Stock Market, Wall Street ended on a very good note this week, due to a variety of factors. Among them, the Stimulus Bills, along with indications that the Coronavirus curve might be flattening. But the Fed made a big move that might help keep some companies afloat --at another enormous expense to the American taxpayer. Vere Global CIO Mark Collinsworth discusses it with On Target's Larry Sparano:
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