Don't think any of that matters
The ECB just added 600 billion dollars yesterday.
The Fed started a new $ 500 billion lending program where the banks are only responsible for $ 50 billion. It frees up $450 billion that the banks were lending before.
I believe there were several more new programs this week totalling over a trillion dollars.
It's hard to keep track with the stimulus being dribbled out daily, but the total liquidity is well over $ 10 trillion and pobably will be at least two to three times that.
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In response to this post by ColoVT82)
Posted: 06/05/2020 at 3:26PM