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They call it a recession. But the stock market is up 30%
- riffraff 5y agoThe economy and the stock market are not the same thing.
- panny 5y agoAs of covid stimulus package 1, the bear market is a thing of the past. When the POTUS is your Fed chairman, you will never have another bear market. Hyperinflation, possible, but bear market, no. (yahoo link since bloomberg is paywall) https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html https://finance.yahoo.com/news/feds-cure-risks-being-worse-1... "This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump."