Stock market will go bonkers!!!
Since most Leftists and Alt Right here are dumb...bonds and stocks have an inverse relationship. This means that bonds will be low...so investments will move into the stock market. Pension funds, 401ks, etc. Market may hit 40k....AMAZING. That is one way to keep the market up while screwing me by increasing my taxes. This also means that the Democrats will print more funny money to fund their projects. Biden will leave office in 2024 with ~$40Trn in debt.
Will be a most interesting scenario.
Since most Leftists and Alt Right here are dumb...bonds and stocks have an inverse relationship. This means that bonds will be low...so investments will move into the stock market. Pension funds, 401ks, etc. Market may hit 40k....AMAZING. That is one way to keep the market up while screwing me by increasing my taxes. This also means that the Democrats will print more funny money to fund their projects. Biden will leave office in 2024 with ~$40Trn in debt.
Will be a most interesting scenario.
Stock market news live updates: Stocks reach records after Fed raises economic outlook, but suggests near-zero rates through 2023
Stocks were mixed Wednesday morning as investors awaited a key monetary policy decision and updated economic outlook from the Federal Reserve
finance.yahoo.com