The market is not up from hopes of vaccines (we do not even know
if they will prove be effective or not but the financial media will
push this narrative) what is behind this push is FED money and wall
street is telling the fed that the market is expecting negative
rates in the near future. When that happens it will be a
bazooka to the markets because it will force a lot of people into
the market since they will have to pay the bank to have their
money in savings accounts.
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Yea. Laggers are catching up.
Posted by kevindeng0727 on 26th of May 2020 at 11:11 am
Yea. Laggers are catching up.
I guess the lockdown is
Posted by francisq on 26th of May 2020 at 12:04 pm
I guess the lockdown is good for tech stocks, and the talk of re-opening should reverse the trend.
The market is not up
Posted by ssaffer on 26th of May 2020 at 01:04 pm
The market is not up from hopes of vaccines (we do not even know if they will prove be effective or not but the financial media will push this narrative) what is behind this push is FED money and wall street is telling the fed that the market is expecting negative rates in the near future. When that happens it will be a bazooka to the markets because it will force a lot of people into the market since they will have to pay the bank to have their money in savings accounts.