I agree about the liquidity provided (multiple trillions). Fed
is stating clearly that it wants ALL asset PRICES higher - sooner
the better. Having said that, you may be right that the market
needs time to digest earnings (or the lack thereof) and any news on
the drug development, etc. before it challenges the previous
highs.
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I agree about the liquidity
Comparision to 1987
Posted by coolhat on 17th of Apr 2020 at 10:45 am
I agree about the liquidity provided (multiple trillions). Fed is stating clearly that it wants ALL asset PRICES higher - sooner the better. Having said that, you may be right that the market needs time to digest earnings (or the lack thereof) and any news on the drug development, etc. before it challenges the previous highs.