AMERICANS ARE BEING SETUP FOR A STOCK MARKET THAT NEVER GOES DOWN – THANKS FEDERAL RESERVE! $GOOG $MSFT $AMZN $AAPL $FB $DIA $DJIA $SPY $SPX $GOOGL
Stock market investors have reached nirvana.
Governments have socialized losses but kept gains private. American society is being set up for endless profits in the stock market. That suits the rich and the 401(k) middle class.
There is an implicit “put” (a protection from losses) in the stock market: That the Federal Reserve will start buying stocks if things get worse. The Fed has already announced it will buy corporate and municipal bonds, in addition to Treasuries.
Beyond the Fed, what other potential good news is there?
There is news from Oxford scientists in the U.K. They will test a coronavirus vaccine on more than 6,000 people by the end of next month and plan to have several million doses available by September if successful.
April 28, 2020