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Economy

OneBro

(1,159 posts)

3. Answer: $6 Trillion Bailout

Reply to RazzleCat (Original post)

Mon Aug 10, 2020, 04:22 PM

Aug 2020

While no one was looking, $6 Trillion went from the US to them as the Federal Reserve quietly and repeatedly bailed out investors who kept coming back for more once they saw that it was a never-ending gobstopper.
https://wallstreetonparade.com/2020/01/federal-reserve-admits-it-pumped-more-than-6-trillion-to-wall-street-in-recent-six-week-period/

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I am so confused, I get the market and the economy are different [View all] RazzleCat Aug 2020 OP

My tinfoil hat theory.. cilla4progress Aug 2020 #1

Well, one thing no one has mentioned is that the Market is looking forward to a big Biden victory. Hoyt Aug 2020 #2

Answer: $6 Trillion Bailout OneBro Aug 2020 #3

Look at the composition of the indexes Abnredleg Aug 2020 #4

The strong Dow seems to be mainly a handful of stocks, as I understand it. PoindexterOglethorpe Aug 2020 #5

I have taken some out, the rest RazzleCat Aug 2020 #13

Sounds like you're doing it the right way. PoindexterOglethorpe Aug 2020 #14

The Market is a rich person's game. iemitsu Aug 2020 #6

Which is why I "piggyback" on the market. Rich people's interests always prevail. Midnight Writer Aug 2020 #8

Seems that way, doesn't it. iemitsu Aug 2020 #12

If you think of it that way, if you think the only thing to do is to "play" PoindexterOglethorpe Aug 2020 #15

Capitalists have a ton of money. Laelth Aug 2020 #7

Personal income was up 7.3% in the 2nd quarter, and up 10.1% over Q2 2019 progree Aug 2020 #9

There is no place else to put money. Banks and bonds doc03 Aug 2020 #10

The market always eventually comes back, umm, it took 16 years for the Dow to get back to progree Aug 2020 #11

Here's a link to an interesting article about the Dow 1966-1982. PoindexterOglethorpe Aug 2020 #16

Most people don't own the entire market. They own individual stocks and/or several mutual progree Aug 2020 #17

The market has not nose dived yet because there is no reason for it to nose dive. PoindexterOglethorpe Aug 2020 #18

The market did dive: the S&P 500 declined 33.9% from February 19 to March 23 progree Aug 2020 #19

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