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MarketFoolery

More Fed Action and the Future of Retail

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 23 March 2020

⏱️ 19 minutes

🧾️ Download transcript

Summary

The Federal Reserve announces additional measures to stabilize markets and the economy. How far will the Fed go? Could the Fed start buying stocks? Motley Fool analyst Tim Beyers talks about what the Fed move means for investors and weighs in on Amazon, Walmart, and the future of retail.

Transcript

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0:00.0

It's Monday, March 23rd.

0:04.0

Welcome to Market Foolery.

0:05.2

I'm Matt Greer and joining me from Colorado is Motley Fool analyst Tim Byers.

0:10.6

Tim, how are you doing during these very, very strange times? Tim hanging in there. I miss seeing my Colorado coworkers, but it's good to see you buddy.

0:25.4

I, you know, we're doing a lot of this connecting over Zoom and I hope other people are

0:29.9

getting that chance too. Yes, through the miracle of Zoom I can see you, you can see me.

0:35.0

Tim, it is a gray day here in Virginia, a little overcast.

0:39.8

And as I have seen B.C. playing in the background.

0:42.9

Looks like the Dow right now, down around 5%,

0:47.1

which looking at the futures last night,

0:49.6

looking at the futures this morning,

0:50.7

could have been a lot worse,

0:52.2

and yet, you know know still not great but the

0:55.4

big news is the Fed once again announcing additional measures this time the

1:00.1

Fed announcing unlimited bond buying and a lending program for small and medium-sized businesses.

1:06.4

Those are just a few of the highlights.

1:08.0

And Tim, of course, this is playing out as Congress continues to work on a stimulus package. What does it all mean for investors?

1:17.3

It means a couple of things. The first is that the Fed is an anchor here and the Fed is going to spend whatever it needs to spend the way to think about this I saw a quote that says let's think of this as QE unlimited I think that's right so when the Fed is buying up you ee would be quantitative easing right right and so just

1:36.4

defining this quickly so when the fed does this when it the fed goes into the the

1:42.4

process of buying assets, that's quantitative easing.

1:46.6

And so right now, the Fed has said there is no limit.

1:49.8

We will buy whatever we need to.

...

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