It's the liquidity, stupid! Nasdaq 100 and the combined balance sheet of the Fed, ECB, and Bank of Japan move in tandem.
@Schuldensuehner This is one of those cases where the barely remedial understanding of money plumbing evidenced by pundits like this one plays right into EXACTLY what the Fed wants. Keep a handful of big tech stonks up, retail happy, and congress quiet = a green light to stay tight for YEARS
@Schuldensuehner Can anyone exactly why and how this happens?
@Schuldensuehner Don't forget the PBOC and TGA
@Schuldensuehner if money printing was going in health and education I think we'd know about it 🙄
@Schuldensuehner The real argument is back in 2010 when QE really started is why the markets are up so much over the last 13 years. I’m not sure how or if this breaks but I hope we as a world can get it figured out without complete disaster.
@Schuldensuehner This will end in tears Reduce fiat holdings, increase hard currency & commodities
@Schuldensuehner This will end in tears Reduce fiat holdings, increase hard currency & commodities
@Schuldensuehner Millions upon millions of working class Americans are suffering but FED prints billions to give to investors to gamble on tech stocks. That’s fair.
@Schuldensuehner Marc Faber calls it. Tech investors should be careful. P/E super expensive. So is price to sales ratio. Downside risk immense.