Can The Fed Stop The Bear? | Larry Williams | Real Trading (03.30.20)

In this special edition of Real Trading, veteran trading wizard Larry Williams presents an in-depth discussion of the Federal Reserve System. He walks through the history of the Fed, describes its primary functions, and shares how and why he changed his stance from anti‑Fed to a strong proponent of the system. Williams details what the Federal Reserve's influence will mean as markets face continued crisis and bearish conditions. 00:00 - Intro 00:48 - How About The Fed? 04:21 - Fed Goals 05:36 - The Fed Kicks in about $30 Billion Per Year 06:00 - What The Fed Does/Did Do 07:57 - My Story From Anti-Fed to Fed Supporter 09:55 - The Fed is Full of Facts 10:55 - Stop Fighting The Fed 11:41 - The Fed Steps In Charts from Ralph Vince 15:00 - Overnight Repo Chart 15:21 - S&P 500 12m Forward P/E Ratio 16:09 - Fundamentals Matter 17:44 - Smoothed U.S. Recession Possibilities 18:57 - Congress Gets In On The Act 20:52 - Lower Interest Rates Will 22:47 - The Recession Is Over 24:21 - Yield Curve 25:05 - We Have Problems Ahead 26:43 - Focus On Gold