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bucolic_frolic

(42,676 posts)
9. When QE is infinite, profits are infinite, and the market has no top
Thu Dec 26, 2019, 01:00 PM
Dec 2019

So it's little wonder, after 10 years of .25% to 2.50% interest rates due to QE1-2-3-4 we have a booming stock market that just drifts higher for months on end every time the Fed drops interest rates. Powell has lost control because he capitulated to Trump's tirades. If Democrats secure the White House, the Fed will know they have a window for make up time. Interest rates will rise.

Latest Discussions»Culture Forums»Personal Finance and Investing»How 2019's Market Top Par...»Reply #9