One Man’s Opinion: Yellen Says Fed Buying Stocks Is “A Good Thing To Think About” And Could Help In A Downturn

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By ZeroHedge Having hinted overnight that The Fed could buy stocks “maybe in the future,” Janet Yellen blurted out confirmation that buying assets other than long-term U.S. debt is on the table. Despite the total and utter failure of SNB and BOJ direct equity buying to create increased consumption, Yellen explained “it could be useful to be able to intervene …