So I guess will see another 28% jump in the indexes as all those $1400 checks pour into robinhood accounts. Seems like all they have to do is hand out stimulus checks and have just some of that money trickle Into stocks and like magic markets will rise... https://www.yahoo.com/finance/news/analysis-1-400-stimulus-checks-060756389.html
UBI? Will never ever happen. ....thats all talk. The chance is 0.099% but if it did the news of it happening would send markets up to the stratosphere. Literally. Markets would easily double within 12 months!!!!!! But UBI is just a fairytale!!!
There is already talk of the next stimulus containing UBI. The govt has made the public addicted to stimulus I wouldnt be so confident in your assertion. UBI IS coming - the nation is in a prime spot for it.
If it does come it will literally go to those making under a certain figure. They aren't just going to blanket each and every American UBI. They said in the past thats how it would work, but NO way NO how are they just going to give everyone UBI. Not haopening....There will be set limits on distribution of whatever UBI comes but I will say it again its nothing, but wishful thinking. And you said our nation is the prime spot? What??? With 6.7% unemployment,....over 75% of corporations beating earnings with huge revenues and profits...GDP looking to come back to levels not seen in years, housing markets going absolutely gangbusters, a reopening of the economy that is going to send unemployment rates down to historic lows and a stock market literally printing free money and setting historical highs each and every day and you think our nation is a prime spot for UBI? Ha...
I didnt say anything about a blanket UBI so dont try and build a strawman to appear smart. 700k first time unemployment filers this month, ya such great unemployment. One day you will learn that all the fancy numbers the Fed puts out isnt the real story. Keep drinking the kool-aid it makes no difference to me if I end seeing you in a gutter begging for a loaf of bread.
++AAPL. I think that the unwashed masses will all wisely invest their stimulus checks into iPhones. Honestly, fiscal policy should really be adjusted to just simply mail iPhones instead of checks. Maybe they could cut a deal with AAPL for 5% off or something.