Printing press
The recent depreciation of stocks has a lot to do with government action
They are issuing trillions in debt and now Biden is talking two more trillions
imagine what that does to the purchasing power of the dollar. It does not inspire confidence in the US monetary system as inflation is definitely here
we will need to wait this phase out. There are bigger market forces at work. Many hedge funds are facing margin calls and it’s just a bad situation all round
remember the reason why stock market flourished under trump is because he is anti-tax and was slightly conservative with the printing press.
Joe is raising taxes and the printing press is out of control
Trump is a clown, yes, but he was good for stocks.
If you are able to average down, add more. I have doubled many positions and I’m sure this will pass in a couple of months
They are issuing trillions in debt and now Biden is talking two more trillions
imagine what that does to the purchasing power of the dollar. It does not inspire confidence in the US monetary system as inflation is definitely here
we will need to wait this phase out. There are bigger market forces at work. Many hedge funds are facing margin calls and it’s just a bad situation all round
remember the reason why stock market flourished under trump is because he is anti-tax and was slightly conservative with the printing press.
Joe is raising taxes and the printing press is out of control
Trump is a clown, yes, but he was good for stocks.
If you are able to average down, add more. I have doubled many positions and I’m sure this will pass in a couple of months
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OldNormanBates : terrible since Biden has been in, so far...