Results 1 to 2 of 2

Thread: The Fed

  1. #1

    Join Date
    Mar 2013
    Posts
    870
    Blog Entries
    541

    Default The Fed

    The Fed announced today it will expand its Main Street Lending Program. Its lowering its minimum loan amount, lifting its maximum loan amount, and lengthening its loan terms.

    Stocks are climbing on the news the last hour of trading today.

    Don't fight the Fed.


    I read this in the Wall Street Journal.. I know not everyone is subscribed to them but I'll leave the link anyway.


    Fed Makes Terms More Favorable for Main Street Lending Program
    Last Look Report |TSP Talk Weekly Wrap Up
    Chart Patterns | An ETF Trading Primer

    Disclaimer: This is not advice or a recommendation.


  2.  
  3. #2

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,876
    Blog Entries
    46

    Default Re: The Fed

    So much for being your own boss. You work for Uncle Sam now.

    At the same time, some environmental groups have sharply criticized the Fed for trying to reach more businesses because they are worried it will allow oil-and-gas firms that can’t qualify for support from other Fed lending facilities to avoid bankruptcy.
    Chesapeake just announced bankruptcy after hours. I'm sure the people concerned with the minutia will consider that a victory justifying more (government subsidized) renewable energy.

  4.  

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P500 (C Fund) (delayed)
The Fed
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
The Fed
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
The Fed
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
The Fed
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes