POPA ReconYesterday the market bounced back by a pretty significant amount. The reasons can be summarized in four points.
Yesterday the market bounced back by a pretty significant amount. The reasons can be summarized in four points. 📌 4 main reasons for the rise 1. Large-scale liquidity support from the U.S. Treasury (expansion of government bond buybacks) Announcement of more than doubling the size of 10-30 year long-term government bond buybacks from ‘maximum $2 billion per transaction’ to ‘minimum $4 billion’ (effective on the 9th of next month) As long-term government bond yields and the dollar fall, a strong buying force inflows across risk assets (stocks, gold, virtual assets). 2. The U.S. SEC's unconv…
The excerpt is quoted from a public Telegram channel, which owns its text.