Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / IHYV - The Fed's Support Of Junk Bonds Is Like 'Putting Lipstick On A Pig'


IHYV - The Fed's Support Of Junk Bonds Is Like 'Putting Lipstick On A Pig'

Source: Allenrsmith.com

"Putting lipstick on a pig" is an old saying popularized during an Obama campaign event in which he said "You can put lipstick on a pig, but it's still a pig." And that was the first thing that came to mind when the Federal Reserve (Fed) announced it umpteenth Bazooka on 4/9/2020. The Fed is so worried about the self-induced coma of our economy and its largest employers that it is doing ANYTHING to keep them afloat. Speaking of swine, the Fed's actions harken back to the European Central Bank's ((ECB)) pivotal moment

Read more ...

Stock Information

Company Name: Invesco Corporate Income Value ETF Invesco Exchange-Traded Self-Indexed Fund Trust
Stock Symbol: IHYV
Market: NYSE

Menu

IHYV IHYV Quote IHYV Short IHYV News IHYV Articles IHYV Message Board
Get IHYV Alerts

News, Short Squeeze, Breakout and More Instantly...