4 ms·
> instead of parking it safely while this global crisis plays out. parking isn't safe. Parking is guaranteed to lose 20-30% because of the newly printed money
by trhway 6y ago
> instead of parking it safely while this global crisis plays out.
parking isn't safe. Parking is guaranteed to lose 20-30% because of the newly printed money and the resulting asset prices rise across the board. Yes, some assets may experience the swings during that money tsunami, yet on average across the board the assets would still rise 20-30% - ie. the amount of the newly printed money.
Economy and market didn't part ways. The stock market is just like speedometer that got "upgraded" from mph to kmh - the number is higher while the car and the speed are still the same.