3 ms·
Current monetary conditions are extremly good for stock market (as we have learned from post 2009 market). There is unlimited amount of money and a buyer (FED)
by chewz 7y ago
Current monetary conditions are extremly good for stock market (as we have learned from post 2009 market).
There is unlimited amount of money and a buyer (FED) determined to buy everything (ETF, junk bonds, baseball card) regardless of price and underlying financials.
So for people who have capital there are guarateed returns in stocks. For the little guy it is other story.
- quickthrowman 7y agoBaseball cards have less default risk than HYG and JNK, JPow is ahead of the curve on that one.