‘HEAD FAKE’ STOCK MARKET RALLY MAY BECOME REAL WITH FED RATE CUT, MONEY PRINTING AND BORROWING $SQQQ $QQQ $AAPL $MRNA $APT $GILD $CODX
The Federal Reserve on Tuesday announced an emergency interest-rate cut to counter the effects of the coronavirus on the economy. Expect calls for more spending on the fiscal side to increase the deficit from a trillion-plus dollars. Where is the money going to come from? The answer is easy: Just borrow and add to the national debt. Let’s explore where the stock market rally is going with the help of two charts. Two charts Please click here for a long-term chart of the Dow Jones Industrial Average ETF DIA which tracks the Dow DJIA. For the sake of transparency, this chart was previously published,