3 ms·
I don’t think so. I don’t see how the Fed can do anything about demand or a second virus wave or delay in vaccine. The market is pricing in a perfect recovery.
by xoxoy 6y ago
I don’t think so. I don’t see how the Fed can do anything about demand or a second virus wave or delay in vaccine. The market is pricing in a perfect recovery. Will likely be a decent short opportunity soon.
- koheripbal 6y agoI disagree. The Fed is printing so much money that you have to remember that all those stocks are priced in now diluted dollars. The worst thing you can do is keep your money in cash. When inflation kicks in, the companies will raise their product prices, and their stocks will inflate accordingly. Meanwhile the purchasing power of your savings will dwindle. This is also why real estate is going up despite the pandemic.
- sizzle 6y agoWhat about precious metals?