some people wonder why..........it' s the fed pumping and the ecb as well..........just that. They don' t want another financial crisis like 2008-2009..........they have said it and repeated. Which means markets will rise on fresh air with no fundamental reasons to do so. New highs ahead because they will cease to pump only when the first signs of economic recovery appear and that is far away in time. it's just market manipulation at its maximum extent
markets are rising in front of horrible economic data ahead
#1
Posted 04 June 2020 - 06:18 AM
forever and only a V-E-N-E-T-K-E-N - langbard
#2
Posted 04 June 2020 - 06:44 AM
Fed has backed off its pumping to below pre-crash levels....
I'm sure they will ramp back up if needed, but we could be very close to some sort of taper tantrum for a bit...
Edited by K Wave, 04 June 2020 - 06:45 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#3
Posted 04 June 2020 - 07:38 AM
It's also getting old, everyone is starting to anticipate it now so it may not have the same effect in the end but that will take time, for now I guess we ride the wave.
#4
Posted 04 June 2020 - 08:41 AM
The market can use a bit of a correction here. It will make it more healthy for further gains.