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[quote=The-Shoveler][quote=The-Shoveler]Plunge protection team may actually become a real thing.
“Should market conditions deteriorate, the Federal Reserve could venture into the stock market, several market analysts and economists said.”
https://www.cnbc.com/2020/03/29/what-it-would-take-for-the-fed-to-start-buying-stocks-during-coronavirus-crisis.html%5B/quote%5D
Seems the FED made this a real thing today.[/quote]
IIRC, the gov’t did quite well with their investment with the banks and the auto industry during the 2007-08 financial melt down (TARP). I think it’ll do well this time around also.
