How will the Fed corporate bond buying program affect the global market? I Stephen Innes to ET Now
Video description:
Stephen Innes, economics and Wall Street expert tells ET Now what he thinks are the repercussions of the Federal Reserve starting its corporate bond buying program. Wall Street has begun to rally after the plan of buying bonds of the Fed became public knowledge. There has been talk of how the move is disconnected with the economic reality making the comeback on wall street temporary however, markets are always a step ahead. Find out how this initiative can help global markets hit by the COVID-19 pandemic recession recover from the crisis. Innes talks about the implications of the move in terms of both sentiment and the turnaround. After the sharp fall, is the present turnaround here to stay and reliable? Watch this video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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