3 ms·
You have the democrats calling for "trillions" in stimulus: https://www.bloomberg.com/news/articles/2021-01-08/biden-calls-for-quick-pandemic-relief-minimum-wag
by dasudasu 6y ago
You have the democrats calling for "trillions" in stimulus: https://www.bloomberg.com/news/articles/2021-01-08/biden-calls-for-quick-pandemic-relief-minimum-wage-increase https://www.bloomberg.com/news/articles/2021-01-08/biden-cal...
You have Jerome Powell telling you that "stocks are not that high" considering that the risk free rate just collapsed: https://www.cnbc.com/2020/12/16/powell-says-stock-prices-are-not-necessarily-high-considering-the-low-level-of-interest-rates.html https://www.cnbc.com/2020/12/16/powell-says-stock-prices-are...
If they want to go by history, they just have to look back at the last decade to see what this does to a stock market. There is no alternative.