4 ms·
Agreed. The stock market has been propped up by the FED for the past 6 years with free money from near-0% interest rates. Great for the folks close to the money
by pvnick 11y ago
Agreed. The stock market has been propped up by the FED for the past 6 years with free money from near-0% interest rates. Great for the folks close to the money supply (bankers, rich folks with lots of investments, etc), not so great for the middle/lower class. The best thing that can happen is to bite the bullet and raise interest rates.