I hope we get s$p 3400, I will start a shorting escapade, then place all my retirement gains into a money market paying 0 percent..... I have been adding over 20% of my income to my retirement so I wont even have to wait until 3400 comes to break even. I'll be well ahead by 30% + by then. But truth be told it takes many years for a bear market to turn bull to get back to old highs. On average over 4 years! So continue to sell the rip roaring rallies....
ok 3 more days. why can't people do math. -$2t package; - rates cut to zero; -QE infinity; can we say GDP GROWTH for 2020??
You are in the hope mode, like I said both you and I know shit. The difference is that I am aware of that, and you not. If we stay home for 2-3 months, we are all f..cked. 2 trillion will be like drop in a bucket. yes 2008 bail out worked, it might not today. This is not just a money problem.
Once again a market that cant do anything on it's own....always needing a bailout, always needing trillions of dollars, always needing zero percent rates, always needing QE. It's a broken market that the fed always has to prop up because the real economy is totally helpless and poor to create an actual gdp figure, so the fed pumps it up...worthless markets will always need handouts and that's what the fed has done to wallstreet. Giving free trillions is the only way wallstreet knows
you have just said nothing meaningful. Kudlow just said - total package $6t.... that is fcking 6X bigger than the virus drag on the GDP. get a fcking 4th mortgage right now and go all in!!