Eviction moratorium to be extended, more trillions in stimulus for wallstreet

As i said weeks ago everything and anything will be extended. They will not let any handouts expire. Talk of another multi trillion dollar stimulus package is in the works with extensions in place to keep wallstreet happy happy happy


https://www.huffpost.com/entry/larry-kudlow-eviction-moratorium_n_5f1d884dc5b69fd4730db6e7

 

Every time I check, dollar is lower. So the argument that "everyone is doing it" does not apply. US is doing it at the most extreme rate.

 

Why will this make the market go up?

 

Think a shift is underway. Spot Gold (1st chart) higher and higher, while SPX/Spot Gold ratio (2nd chart) goes lower and lower:

 

Silver has been on a tear

 

Yup poor man's gold up 35% in a month.

 

Meanwhile I wonder how many landlords, waiting on rent payments, will face eviction from their bankers?

 

And of course they will say a weak dollar is great for the economy and equities market.

 

Why? Because its trillions more in free printed money for the economy markets. Thats why. Free handouts on top of more free handouts. Juice the markets.

 

None. The banks are in good shape and they are working with mortgages