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This is truly insane, the most impacted people are the ones who are living paycheck to paycheck, and leading small businesses. Yet, the only thing the governmen
by ccktlmazeltov 7y ago
This is truly insane, the most impacted people are the ones who are living paycheck to paycheck, and leading small businesses. Yet, the only thing the government cares about is SP500. This truly shows how corrupt the establishment is.
- H8crilA 7y agoThis is a common misconception. The Fed doesn't care about the S&P500 (the president does, though, judging by his tweets ...). You may be projecting because you care about it. Fed cares about the credit market, not the stock market. It's amazing how many people don't even know that the credit market is much bigger than the stock market. Since these days everything is an ETF you can look up $LQD (investment grade corporate bonds) and $HYG (low grade/junk corporate bonds) to see "what's really going on". You can also look up spreads for each rating grade on FRED.