Opinion: The Federal Reserve is in stealth intervention mode

https://www.marketwatch.com/story/the-federal-reserve-is-in-stealth-intervention-mode-2019-10-25?link=sfmw_tw

The Federal Reserve has gone into full intervention mode.

Actually, accelerated intervention mode. Not just a “mid-cycle adjustment,” as Fed Chairman Jerome Powell said in July, but interventions to the tune of tens of billions of dollars every day.

What’s the crisis, you ask? After all, we live in an age of trillion-dollar market-cap companies and unemployment at 50-year lows. Yet the Fed is acting like the doomsday clock has melted as a result of a nuclear attack.

Think I’m in hyperbole mode? Far from it.

Unless you think the biggest repurchase (repo) efforts ever — surpassing the 2008 financial-crisis actions — are hyperbole:


**Looks like another way to steal money from our treasury. But I'd love opinions about what this means.