Today's announcements prove that the Fed is indeed NOT out of ammo! Sunday night's Fed announcements didn't stop stock, corporate bond and credit markets from crashing. Fed Panics: Powell Cuts Rates To Zero, Announces $700BN QE5, Unveils Enhanced Global Swap Lines https://www.zerohedge.com/markets/fed-panics-powell-cuts-rates-zero-announces-700bn-qe5-unveils-enhanced-global-swap-lines So the Fed tried more again on (Monday, March 16th, 2020). After offering a surprise 2nd additional $500 billion repo yesterday (Monday, March 16th, 2020), the Fed made it more official today on Tuesday, March 17th 2020. Steve Liesman from CNBC actually said on air on Monday that #RepoMadness is now "Repo to Infinity" or "Infinity Repo" https://www.cnbc.com/video/2020/03/16/reviews-from-fed-moves-not-positive-liesman.html The new permanent commercial paper facility announced on Tuesday is designed to bailout the 24 primary dealer banks & large hedge funds by allowing them to give the Fed their toxic assets as "good collateral" for 100 cents on the dollar. Steve Liesman talks about the Primary Dealer Credit Facility on CNBC: https://www.cnbc.com/video/2020/03/17/mnuchin-warns-unemployment-could-hit-20percent-if-government-doesnt-act.html 2nd "Discount Window" or Term Auction Facility (TAF) coming soon too? https://www.cnbc.com/video/2020/03/17/feds-bostic-term-auction-facility-could-be-among-next-steps-for-fed.html Articles About the Permanent Commercial Paper Facility Announced on Tuesday: 1) Federal Reserve launches crisis-era commercial paper funding facility https://www.marketwatch.com/story/federal-reserve-launches-crisis-era-commercial-paper-funding-facility-2020-03-17 2) Fed Unveils Emergency Lending Program to Shore Up Credit Markets https://www.nytimes.com/2020/03/17/business/economy/federal-reserve-coronavirus.html 3) The Lehman Playbook Is Here: Fed Announces Bailout Of Commercial Paper Market - Here's The Bad News https://www.zerohedge.com/markets/lehman-playbook-back-fed-announces-bailout-commercial-paper-market Repo Madness Articles: 1) New York Fed says it will conduct second overnight repo on Monday https://www.marketwatch.com/story/new-york-fed-says-it-will-conduct-second-overnight-repo-on-monday-2020-03-16 2) Fed Again Announces Extra $500BN Repo To Stabilize Funding Markets https://www.zerohedge.com/markets/fed-again-announces-extra-500bn-repo-stabilize-funding-markets But wait, there's even more! 1) Congress Must Pass $2 Trillion TARP Or Face Global Depression: Minerd https://www.zerohedge.com/geopolitical/minerd-urges-congress-pass-2-trillion-tarp-rescue-world-imminent-global-depression 2) Helicopter Money Arrives: White House To Send Checks To Americans Within 2 Weeks, Mnuchin Says https://www.zerohedge.com/political/watch-live-white-house-holds-daily-coronavirus-task-force-briefing Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt You can also checkout the Wall St for Main St Facebook Fanpage at http://www.facebook.com/WallStforMainSt or the Wall St for Main St Facebook Group where you can learn and join in on the conversation! Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 75 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Donate Crypto Currency to WS4MS: Send Bitcoin to: 1N5iDrazojYX5rWxmoyp982RDXJzJrFoPC Send Ethereum (ETH) to: 0x748dD59fA5d5dF80E8C0038DD4F60DAb810fe61a Send Litecoin to: MW7g44j5FX9CYEkvfPvxsW5dFjHY84yup4 Send DASH to: XuEEhWptwf1XxP2nFYQxmBfBBJYehqRoBJ Send Zcash (ZEC) to: t1MGcxyWpiH6JeyF9nnWHw9poRpvTW4PT6S Send Bitcoin Cash (BCH) to: qr7mp7f053rwnpxalxljl3f9x5tulzv53ya88d7wch Wall St for Main St is also available for personalized investor education and paid research work (we write research reports and teach). Please email us to learn more about the research work we offer at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**