No. of Recommendations: 6
The 4th October 2019 was the date QE was restarted in the USA after an unscheduled meeting at The Fed.

https://www.federalreserve.gov/monetarypolicy/fomccalendars....

It is QE by any other name, despite what we are told:

The Fed announced on Friday it will launch a new program next week that will gobble up $60 billion of Treasury bills per month. The purchases will further boost the size of its already-massive $4 trillion balance sheet.

Given the slowing American economy, the actions are reminiscent of the bond buying programs known as quantitative easing. The Fed resorted to QE, and eventually QE2 and QE3, to keep borrowing costs ultra-cheap once it ran out of room to cut interest rates in 2008.


https://www.msn.com/en-us/money/news/the-feds-4-trillion-exp...

Is the USA following Europe into the land of negative interest rates? Quite amusing as it turns economics on its head. Fancy a negative interest rate mortgage, one where you pay back less than you borrow, then come to the EU:

Danish bank launches world’s first negative interest rate mortgage

Jyske Bank will effectively pay borrowers 0.5% a year to take out a loan


https://www.theguardian.com/money/2019/aug/13/danish-bank-la...

Negative rates are just fools' gold and are a sign of the desperation that the western economies are in.

Don't leave too much cash with any one bank, spread it around and buy assets that should hopefully retain some value if (when) the next crash comes.
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