vermutlich selber Aktien kaufen, wie es in Schweizer Notenbank und die Bank of Japan ja schon seit langem machen.
Gegen einen solchen Fed-Put ist kein Bärenkraut mehr gewachsen. Die Fed druckt frisches Geld und kauft damit den Aktienmarkt hoch. Welche Bär wollte da gegenanshorten und mit heilem Fell wieder rauskommen?
Es könnte sein, dass heute zum Marktschluss (also in den nächsten 30 Minuten) zur "Bereinigung" erst mal noch zig Margin-Liquidationen zugelassen werden, ehe dann der Rally-Aufkauf (vermutlich schon nachts in den Futures) ernsthaft beginnt.
MW:
The Federal Reserve took two moves to try to calm “unusual disruption” in the U.S. Treasury markets on Thursday.
The Fed said it will lend $1.5 trillion to the short-term funding markets. (Offenbar haben hat - zumindest von der heutigen Tranche - nur 15,7 % des Volumens Abnehmer gefunden, siehe 472)
In a statement, the Fed also said it would add purchases of Treasury notes and bonds to increase its balance sheet. The central bank had previously been buying only $60 billion of T-bills each month.
The new polices were designed “to address highly unusual disruptions in Treasury financing markets associated with the coronavirus outbreak,” the Fed said.
“The Fed is very aware that the coronavirus and its negative economic fallout is a health crisis that cannot be addressed through monetary easing. However, in the last week, the dramatic deterioration in the corporate bond market and clear signs of illiquidity raised the Fed’s concerns that the negative health care shock was evolving into a potential financial crisis. For these reasons, the Fed acted aggressively,” said Mickey Levy, chief economist at Berenberg Capital Markets. |