Baseman posted:Katahar posted:Baseman posted:Trump will stabilize the US and the world.
How? By forcing the FED to lowering intetest rates?
How does lowering rates fixes COVD-19?
Yes, does not fix the virus problem but compensates for lower EPS growth due to the slowdown. It will bring back some liquidity which has left. Furthermore, the 10 year collapsing so short term could come down and avoid inversion.
Lemme tell yuh something..de market was due fuh a serious correction..fugey abot 10%. Think 30-50%.
It could have been anything to trigga it. It just tun out to be Corona.
Rich people getting richa. Fools who got richa ovanight will lose dem.money.
The USA markets was not going up because of fundamentals, it was because:
1- Usa, inspite, of stump is a safe haven
2- excessive liquidity
3- negative and low interest rates in europe and elsewhere (see 2)
4- and this may be the one that also makes it an ugly drop - indexed etfs.