It's a pump and dump. We saw it in the dot com and 2008, and millions will get their savings wiped out. Don't forget the over 200 trillion bond bubble that is not sustainable. 2008 sub prime was just a warning, the debt bubble is exponentially bigger now. QE hasn't stopped, the Fed and world central banks have continued to print massively and propped up this bubble. Dow will probably hit 30k but like all bubbles it'll pop. The rich will get richer and the poor poorer, it's simply a wealth transfer. Don't watch the dow or the stock market, watch the bond market. Watch that flattening yield curve.
It's a pump and dump. We saw it in the dot com and 2008, and millions will get their savings wiped out. Don't forget the over 200 trillion bond bubble that is not sustainable. 2008 sub prime was just a warning, the debt bubble is exponentially bigger now. QE hasn't stopped, the Fed and world central banks have continued to print massively and propped up this bubble. Dow will probably hit 30k but like all bubbles it'll pop. The rich will get richer and the poor poorer, it's simply a wealth transfer. Don't watch the dow or the stock market, watch the bond market. Watch that flattening yield curve.
Can't find a pussy hat on Amazon!