So the fed and their free trillions put the 10 year old bull market to bear market and back to bull market in only 11 trading days. Everyone must be jumping for joy, and not only that, but now we have zero interest rates, a discount window to tap unlimited amounts of trillions, unlimited QE, free money to everyone in the usa, extended unemployment benefits, increased unemployment benefits, hundreds of billions of free money for all failing businesses and of course a fed that will do it all over again if the dow drops back below Dow 20000. It's all about wallstreet and nothing else. Wallstreet is the world. Without wallstreet the world is helpless, because of this collapse we can now all be happy for unlimited fed intervention!!!
so now you go back to butt hurt mode. I have seen too many like you... butt hurt, empty handed, missed the entire rise from 2009.. bitching and moaning. take my advise, buy 10 shares of qqq or spy, whatever you can afford, you will see your world view turn around 180 degrees.
Well technically the bear market is a bull market as of today. How long it lasts is just a wild guess.
It will be a bullshit bullmarket until Q3, after people start getting back to work (we hope). And you never know...Trump could pull a rabbit out of his ass and implement more tariffs on China, over his anger China released this virus on the world and caused the US to shut down. That would be a pip. More trade WaRZ!
We hope??? We hope??? Who are you kidding, the biggest stimulus package in the world was implemented, everyone will be back to work very soon. Markets are ready to catapult to historical highs because of all this fed juicing. Oh and if the touches new lows or the s$p drops below 2000 I can bet trump actually removing all tariffs from china. That is a very strong possibility if the markets waver back into bear market zone but no worries, everything will be back to normal quicker than you think.
You are forgetting the impact of free monies on the lazy American worker. People are going to milk their unemployment for all it is worth, until their last check in the Summer. It is what we do. Wait until it is too late to find more work. That's why people live paycheck-to-paycheck. No forward planning.