BIG SHORT. COVID 19 used as justification for fall
Ever since August 2019, I have been witnessing FED repos, upon repos, upon repos. If the "economy is doing so well", why do you need to inject all this liquidity into the market? Oh and did I mention, we are injecting more money into the monetary system... Just recently trillions...
Even if the virus miraculously goes away tomorrow, you really think businesses will open up that soon? I expect a fall down to the 1850 level for the S&P, and then we move upwards until the election as Trump will do everything he can to protect the thing he cherishes the most, the stock market.
Regards,
Shy_Glizzy
Even if the virus miraculously goes away tomorrow, you really think businesses will open up that soon? I expect a fall down to the 1850 level for the S&P, and then we move upwards until the election as Trump will do everything he can to protect the thing he cherishes the most, the stock market.
Regards,
Shy_Glizzy
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