Dow watchers Hit 29,930 up from China Fru low March 23 18,591

Temujin

Well-known member
You don't know what quants do.
It's analyze. You don't understand big words.
I am not a jailer.
Sunshine, I know that you are having a hissy fit and spamming the boards like crazy because you have been caught out, again. One of the myriad things you do not know is how to spell, in particular variations of spelling that are considered acceptable.

Calm down, deep breaths and go to your safe place on Google. Perhaps you could look up details about being an engine driver. I don't think there are any of them here, so it should be safe for you to impersonate one.
 

Authentic Nouveau

Well-known member
30,173.88 +104.09 (0.35%)

The Bidet praise team gives Creepy Joe credit but it hit 29,000 before Chiner Fru and long before he was "nominated"
 

Authentic Nouveau

Well-known member
Left winger economic damage



Early Thursday, the Labor Department reported weekly jobless claims of 853,000, a big jump from last week's 712,000 claims and above Econoday's 724,000 consensus estimate.

Far left dictator governors are ratcheting down on employment with more severe lockdowns.
 

Authentic Nouveau

Well-known member
When Big ears came along Shanghai Index close to 5700 and he drove Dow down to 6300. Under a great President, the Shanghai 3300 now and Dow over 30,000.

Donald The Great has not been swell for China.
 

wiseones2cents

Active member
Correct me if I am mistaken. But I heard 1.5 Trillion dollars(or more) was injected(stimulous money) into the Stock Market. Sounds like a socialist bailout. Anyways, wouldnt that make the stocks over valued?
 

Authentic Nouveau

Well-known member
Correct me if I am mistaken. But I heard 1.5 Trillion dollars(or more) was injected(stimulous money) into the Stock Market. Sounds like a socialist bailout. Anyways, wouldnt that make the stocks over valued?
QE1 easing. Fed bought mortgage backed securities which gives the banks more money to lend. We have ultra high M1 and M2 money supply which also explains very high construction numbers.

, the Fed does not have the legal authority to purchase stocks

CDO's are not common stock.
 

wiseones2cents

Active member
QE1 easing. Fed bought mortgage backed securities which gives the banks more money to lend. We have ultra high M1 and M2 money supply which also explains very high construction numbers.

, the Fed does not have the legal authority to purchase stocks

CDO's are not common stock.

And where does the Fed get the money?

"The Federal Reserve bank buys government bonds without one penny..." - Congressman Wright Patman, Congressional Record, Sept 30, 1941

Sounds like its making money out of thin air. And how do they recover the money? Taxes/inflation

I googled this. Sounds like they always find a loophole.

The Fed can not buy stock. However a negative yield on bonds will forced investors to buy index/etf that pays huge dividend. In effect the Fed can invest in equity or stock. Central bank of China and Japan had done the above in the past.
 
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