The stock market went back up after the Federal Reserve promised to print money money and prop up stock market prices. This was done to protect stockholders. It's socialism for the rich. This press release went out on March 23, 2020 when the S&P 500 was at its bottom.
The stock market went back up after the Federal Reserve promised to print money money and prop up stock market prices. This was done to protect stockholders. It's socialism for the rich. This press release went out on March 23, 2020 when the S&P 500 was at its bottom.
https://www.federalreserve.gov/newsevents/pressreleases/monetary20200323a.htm