3 ms·
The $4T that businesses got handed in march 2020, aka 20% of all USA currency ever printed. Don't think they aren't still playing with it.
by downrightmike 3y ago
The $4T that businesses got handed in march 2020, aka 20% of all USA currency ever printed. Don't think they aren't still playing with it.
- nl 3y agoBut that money has already entered the stock market. It doesn't explain it now. Interest rates are high now, so in theory investment in the stock market should be lower (and it was for a long time - see all the people investing in treasuries to get the great and safe returns)
- downrightmike 3y agoYou assume it entered the stock market and didn't go elsewhere. There's no way to know where that money went.
- _fizz_buzz_ 3y ago2020 is 4 years ago …
- Ralo 3y agoIt's been living in the reverse repo market, it's slowly trickling out.
- nl 3y ago> It's been living in the reverse repo market, it's slowly trickling out. While this is true, the "trickling out" timing doesn't appear to correlate very well stock market increases. It's true that reverse repos have been decreasing and the stock market increasing. But the timing of movement seems too far out for there to be much of a causal link. https://www.newyorkfed.org/markets/desk-operations/reverse-repo https://www.newyorkfed.org/markets/desk-operations/reverse-r... https://finance.yahoo.com/quote/%5EIXIC/ https://finance.yahoo.com/quote/%5EIXIC/