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Fed announces $1.5 trillion in capital injections to combat coronavirus fallout

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Want to talk about the Federal Reserve and do not repeat not WanNa dig into the guts of the overnight repo market but much was made yesterday of the Fed jumping in with a trillion and a half dollars of added liquidity. Which we'll get to later in the program that concept of liquidity added support for Bank interactions It speaks to the changing nature of this crisis right. Yea I I try to think of it as like a house on fire right like struggles crash if stocks crash. It's almost like you're maybe it's a small fire you have like you know you mess up the paint on your wall when you get to the repo market. You're questioning whether or not that fire is getting into the guts of your house right to and so the the fact that the Fed is putting up that liquidity is really important to make sure that the economy keeps going. But you know today. In the president's speech she didn't say anything about helping mainstream and that's really important too so We have a long way to go in terms of ensuring the economy keeps

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