Market researcher James Bianco calls the Federal Reserve’s move to pump $1.5 trillion into the market the “nuclear option” to calm investors gripped by coronavirus fears.
Only, it didn’t work Thursday.
Instead, stocks saw their worst day since the 1987 Black Monday market crash.
“Financial markets are not recovering. It’s incredible to think that a trillion dollars can’t get these markets…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.