I'm serious if you are looking for a resolution to the economy declining or a subprime default there is a good chance you will get it from pension reform, it worked in the UK.
A central bank can always raise a stock market in nominal terms but not necessarily in real terms adjusted for inflation.
%% LOL/true; + as if the DOW/DIA drama is much of a benchmark on anything?? IF the virus nonsense is proved nonsense for US, look for the old shake 'em out attempts again . Yield curve again + DOW ''hi'' PE ratio; which is low on a 5 year average......................................................................Good thing for the bulls, most companies are run better than AAL +DAL sector.LOL
%% Good thing we gave a better growth rate, than Japan; + add in some illegal immigration= we don't have the oceans borders they do........................................................................................
Looks like someone got triggered enough to bend the knee on QE. Not much "holding on" was seen today. Ah, yes...
Keep in mind college cost $800/semester and virtually all health care costs were paid 100% by group plans when you were a whippersnapper. The rise of socialism isn’t all that surprising. In fact why wouldn’t they challenge the system.
some light reading: https://www.politico.com/news/2020/03/03/trump-fed-economy-coronavirus-119372 Fed slashes rates in emergency response to coronavirus Trump tweeted that he wants even more rate cuts.