We are finally at the stage of the crisis where the economic and political elites have to keep changing the rules, basically daily now, in order to keep things from all collapsing! Welcome to Dystopia: The Fast & Furious Rules Change & monopoly $$ Edition! As jobless claims soar to new record after new record in the last 2 weeks, the Fed's official balance sheet is also going parabolic along with the amount of total infected and dead globally with coronavirus. Track the Fed's official balance sheet here: https://fred.stlouisfed.org/series/WALCL Jobless claims leap record 6.6 million at end of March as coronavirus triggers mass layoffs https://www.marketwatch.com/story/jobless-claims-leap-record-66-million-at-end-of-march-as-coronavirus-triggers-mass-layoffs-2020-04-02 Fed now has to control the entire yield curve: Central Banks Turn to Japan for Yield Curve Control Lessons https://finance.yahoo.com/news/central-banks-look-japan-playbook-180000608.html The Fed panicked after foreigners dumped $109 billion dollars in US Treasuries to raise cash (Dollars) so that they did not default on their dollar denominated debt. https://www.zerohedge.com/markets/fed-panics-foreigners-dump-record-109-billion-us-treasuries More on this rule change for the Fed: In Groundbreaking Move, Fed Excludes Treasuries From Leverage Ratio Rule: Here's What That Means https://www.zerohedge.com/markets/groundbreaking-move-fed-excludes-treasurys-leverage-ratio-rule-heres-what-means Lyn Alden Tweet thread about Tuesday's April 1, 2020 Fed announcement to get foreign governments to stop selling many billions of US Treasuries: https://twitter.com/LynAldenContact/status/1245471953114324994 U.S. Treasury’s Cash Pile Surges Past Half a Trillion Dollars https://finance.yahoo.com/news/u-treasury-cash-pile-surges-201847986.html Federal Reserve temporarily eases some bank leverage requirements https://finance.yahoo.com/news/federal-temporarily-eases-bank-leverage-204500920.html Barrack Says Real Estate Collapse Will Take Hold in April https://youtu.be/CyBe5xV7Ctg Commercial mortgages could be on brink of collapse: Real estate investor Tom Barrack https://youtu.be/_ILh9-11zAk Mortgage REIT meltdown: https://youtu.be/_zDxtQ1cLww 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**