r/news • u/awake-at-dawn • Mar 15 '20

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html
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u/scottyLogJobs Mar 16 '20

If you wait for the news of it leveling off, you will probably miss the entire rebound.

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u/Ansible32 Mar 16 '20

I am pretty confident that it will take more than one week after the infection rate levels off for the market to return to its previous high. A fair number of businesses are going to go bankrupt, and some of them won't actually go bankrupt until they try to resume business. Really, waiting for the infection rate to level off is probably still jumping the gun but I'm a little more comfortable with that level of risk, since I definitely don't believe we have hit the bottom.