Hard to fathom the notion that the checks are for "COVID relief" with so much of it being speculated in the stock market or being used to pay down debt. Lots of people have been feeling "flush with cash" from not paying their rent or mortgage... PLUS getting a stimmy check from the government. This has made the economy look good... even HOT... so long as one ignores the inflation and loss of buying power from currency degradation, that is. (We'd better watch out. The greedy government might get addicted to all of this "growth", phony as it is... and keep the stimmy checks flowing permanently.... including the possibility of UBI. Of course the notion of "permanent" is limited to the extent our economic system hasn't yet collapsed and everybody has gone bankrupt from inflation and currency debasement.... as we "print & spend" our way down the path of becoming Amerizuela.)
God I love the short bus. I had forgotten about this from just after the 2009 waterfall on the /ES. Trading the 2009 market is all coming back to me now, including the PPT financed upwaves after big /ES drops. Even the $5 per gallon gas will be here by summer. The only real difference is that we are decoupled from china..so the PPT will have to work the overnight by themselves. And no more need for carry trade now that Fed is perma zero rates....oh wait, maybe their not perma zero after all .....could not ignore the above comment being that I have seen this movie before. New young untested investors flush with dumb money, perfect storm. Seasoned traders will be harvesting this in droves as the Spring unfolds
There are trading opportunities every single day and multiple stocks to trade too. That could be a problem because you have to pick and choose and deploy your capital wisely. Still, lots of ways to make monies. The chicken littles will always be whining and crying that the sky is falling. Ok, little babies. Put the pacifier in your mouths and go back to sleep.
%% TX judge shot the socialist idea /hit the target well\ the gov gets to run the rental/land lord business. Good shot in TX/again...................................................................................
%% LOL. NOT going to happen in TX or the south or midwest, any rural place.........................................................................ANY group can wise up, NPR is whineing about blacks not wanting to take the ''free gov'' vaccine. NO wonder , black female said ''black guns matter'' Dave Ramsey said the[goofy] gov of CA + NY needs to be changed/like a''dirty diaper'' LOL