Joel Elconin - Benzinga Pre-Market Prep Show – Tue 16 Jun, 2020

The Fed vs Reality for Equity Markets

Joel Elconin joins me today to share his thoughts on the Fed continuing to print money and recently announced the buying of Corporate Bonds. All this easy money is helping the markets but now we are seeing more COVID shutdown worries creep in. Joel also comments on the higher volatility.

Click here to visit the Benzinga website to listen to the recordings of Joel’s Pre-Market Prep Show.

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Comments:
  1. On June 17, 2020 at 12:12 am,
    Excelsior says:

    Fed buying junk bonds to reward speculators – Ep 584

    Peter Schiff – June 16, 2020 #VIDEO

    https://youtu.be/59FoeOZqAUk

    • On June 17, 2020 at 6:30 am,
      OOTB Jerry says:

      Good point…………junk bonds…………speculators , more like rewarding the corrupt, of the corrupt… 🙂

      • On June 17, 2020 at 6:38 am,
        OOTB Jerry says:

        Thanks for pointing this out……….
        Why, is the Fed doing this…….hummm….Schiff…points this out…..
        Beholden to WALL STREET….

        • On June 17, 2020 at 6:42 am,
          OOTB Jerry says:

          Market, may be RANGE BOUND…says Peter….because of the comments of Powell

        • On June 17, 2020 at 6:47 am,
          OOTB Jerry says:

          A lot of great thoughts…….on the tape…………..

          • On June 17, 2020 at 9:29 pm,
            Excelsior says:

            Yeah, I thought Peter made a few solid points throughout the interview.

            Cheers!

        • On June 17, 2020 at 6:53 am,
          OOTB Jerry says:

          LOOK FOR A DOLLAR CRASH………….per peter……
          nobody looking for a dollar crash.
          GOT GOLD……….. 🙂

        • On June 17, 2020 at 7:00 am,
          OOTB Jerry says:

          There is… NO PLAN TO SHRINK THE BALANCE SHEET……

        • On June 17, 2020 at 7:06 am,
          OOTB Jerry says:

          Great comments ………in Powell’s comments on racism……..black politicians playing their cards…..Left wants to increase poverty ……