With Trump the market was moving up for solid financial reasons: getting NATO countries to pay more, holding China accountable, re-negotiating better trade deals, managing inflation, etc. But with Biden, he wants the market to go down as a payoff to his Wall Street buddies. But first, got to pump it up to lure in as much as that stimulus money from middle class people who are just "investing it."
Comments (13)
sorted by:
The economy is trash but the market is not the economy as the saying goes. The market is help up more or less by propaganda and there is plenty of it right now. It's is indeed fake and will eventually tip over. When that happens who knows but it's going to happen. Can't print money forever.
I think the Fed believes they can print money forever because they can always make more paper and ink
You should delete this post. You are spreading lies and misinformation