Send all thank you cards to the fed..... None of these tech gains tonight and the last 12 years would have happened without the federal reserve. Powell and friends will continue the printing of trillions that Bernanke started over a decade ago....
Ironical that this is your 22,222nd post, because it is also exactly how many times you have typed the word "fed" on the forum. lol
It isn’t important what the Fed does, but to know what it does. Based on your knowledge I’m assuming you’re making $gazillions. Congrats
They absolutely did. What can't you understand. Without the fed printing infinite amounts of dollars equities would be 80%+++ lower. We would have never gotten out of the financial crisis let alone the dot come collapse. Add in covid 19 and markets would be trading at 35 to 40 b year lows. Yes a dow industrial at less than 2000!!!
Here is your fed friend powell once again. PRINT IT DIGITALLY SAID LOUD AND VERY VERY CLEAR RIGHT FROM MR FED MAN POWELL HIMSELF. ITS ALL PROPPED UP.
You don't understand stock markets at all and how to value companies. Your dream that all companies should be at a P/E of 3 or 4 is complete horseshit. I could pick hundreds of statements you've made on here over 12 years that ended up being absurdly wrong and you always resort to this bs afterwards. You are ever so predictable. The innovation and successes on the planet are just so much more then what some of you sandwich makers can comprehend.