When in doubt print more trillions. Fed officials worried that lack of help from Congress will threaten recovery, minutes show PUBLISHED WED, OCT 7 20202:00 PM EDTUPDATED 9 MIN AGO Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM KEY POINTS Federal Reserve officials at their most recent meeting worried about what would happen if fiscal aid would decrease or disappear. https://www.cnbc.com/2020/10/07/fed-minutes.html
Why mess around with a measly $1,200. This was Nancy "I have a new hickey everyday" Pelosi's small thinking. If you can send everyone a check for $1,200, why not just send everyone a check for $1,200,000. Adding zeros to things is fun. Almost anyone can do it. Make up a new war somewhere and just not go. Spend the money but make the war virtual. Some people will use the wimp excuse of inflation. It will take inflation years to catch up with any pricing pressure. A lot of people will not even spend their $1,200,000. They will invest it. Actually lots of things will be free. Who would want to mess with selling if they had $1,200,000. Every problem every faced by man has been solved by imagination. In the long run there may be some problems with sending everyone a $1,200,000 check, but in the long run we are all dead.
Let's be honest with ourselves it's not called financial recovery when you just print money to sustain bad behavior and the market doesn't crash right away that's not called recovery
%% Exactly/LOL QQQ/SPY is above 200 day moving average uptrend. NOT sure DIS stays above 200dma, ytd it's down. People maybe re-thinking the business idea of a 6' fake mouse?? DAL down 2, but WSJ noted thier profit is less than LUV...………………………………………………………………………………………………..
%% I would not worry about that/silver/gold is up also; + US stock market uptrended for 100 years before fed is formed...…………………………..