Could the Fed Buy Stocks? Analysts Say Bitcoin Wins If It Does
The post Could the Fed Buy Stocks? Analysts Say Bitcoin Wins If It Does appeared on BitcoinEthereumNews.com. Eric Balchunas says the Fed may buy equity ETFs to backstop market downturns. 55% of Americans now own stocks, with Trump Accounts set to add 28 million more. Sun said improving liquidity and lower risk premiums could boost Bitcoin and major cryptocurrencies. The Federal Reserve may purchase equity ETFs to support the US stock market during the next major downturn, an analyst said, a scenario that crypto researchers say would indirectly benefit Bitcoin and major digital assets. The Case for Fed Equity Purchases Eric Balchunas, Senior ETF Analyst, published a note arguing that the US stock market has effectively become too large and too politically important to allow a prolonged collapse. Approximately 55% of Americans currently own stocks, the highest rate in the world. Trump Accounts are set to bring an estimated 28 million additional people into equity ownership. Social secur