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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (1302793)6/4/2021 4:06:52 PM
From: Tenchusatsu1 Recommendation

Recommended By
Maple MAGA

  Read Replies (1) | Respond to of 1578188
 
Rarebird,
The strength of the stock market over the past year is primarily due to government spending, stimulus checks and QE.
Wrong. The stock market is forward-looking. The market knew that the pandemic, as bad as it was, was temporary and wasn't going to decimate capitalism as we knew it.

Government spending, stimulus checks, and QE are accomplishing little in terms of relief, but they are doing one hell of a job convincing people not to go back to work.

We're seeing a spike in inflation right now. That's undeniable. The only question is whether the spike is temporary, or whether we will be returning to the Carter era of double-digit inflation.

Tenchusatsu



To: Rarebird who wrote (1302793)6/4/2021 4:09:28 PM
From: Bonefish  Respond to of 1578188
 
Partially. But sure took a hit early on.