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There is a good free e-book that can shed a bit of light on the mechanics of why markets can rally when the real economy seems to be in deep recession. https:/
by lukker 6y ago
There is a good free e-book that can shed a bit of light on the mechanics of why markets can rally when the real economy seems to be in deep recession.
https://www.principles.com/big-debt-crises/ https://www.principles.com/big-debt-crises/
Basically when money printer goes brrr then prices of financial assets tend to go up. The unfair bit about this is that these kind of assets are mostly owned by the rich, which makes the wealth gap even bigger.
- mixmastamyk 6y ago> when money printer goes brrr then prices of financial assets tend to go up It takes a while to kick in, though while the numbers go up, the values don't.