canceled.2021.1
#AMERICAISDEAD
So the stock futures are up over 100 points this morning. Why you may ask? Is the economy surging at 5% growth? Nope. Are companies reporting explosive sales growth? Nope.
The answer is because of an article written in the WSJ discussing the upcoming Fed meeting in which they will most likely predict slower growth and higher unemployment for the US economy. "Well, Uncle ILA that isn't good news why would the stock market respond positively to that" you may ask. Allow me to answer for you low information voters.
Wall St reads that as a sign that the Federal Reserve will use that as an excuse to continue Uncle Ben BernanQEs loose monetary policy and pumping cheap money into the system.
You see, Wall St has gotten addicted to quantitative easing like a faggot gets addicted to whippets and gerbils. Cheap money and artificially low interest rates leads to investing in risky asset classes.
Oh, I know that our pretend millionaire Topspin thinks it is Morning in America, but there are some scary signs on the horizon. I think I will stay in cash for a while.
The answer is because of an article written in the WSJ discussing the upcoming Fed meeting in which they will most likely predict slower growth and higher unemployment for the US economy. "Well, Uncle ILA that isn't good news why would the stock market respond positively to that" you may ask. Allow me to answer for you low information voters.
Wall St reads that as a sign that the Federal Reserve will use that as an excuse to continue Uncle Ben BernanQEs loose monetary policy and pumping cheap money into the system.
You see, Wall St has gotten addicted to quantitative easing like a faggot gets addicted to whippets and gerbils. Cheap money and artificially low interest rates leads to investing in risky asset classes.
Oh, I know that our pretend millionaire Topspin thinks it is Morning in America, but there are some scary signs on the horizon. I think I will stay in cash for a while.