Hypothesis: The riots will lead to more government spending,
both government programs and Fed money printing, hence markets kind
of like it. Maybe market participants have now been trained that
bad news = good news (more liquidity will be provided) that the PPP
doesn't even have to buy anything. Just a thought.
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Hypothesis: The riots will lead
Plunge Protection Team working over time to defend 3K. ...
Posted by puma on 31st of May 2020 at 08:35 pm
Hypothesis: The riots will lead to more government spending, both government programs and Fed money printing, hence markets kind of like it. Maybe market participants have now been trained that bad news = good news (more liquidity will be provided) that the PPP doesn't even have to buy anything. Just a thought.