Loading ...The Insanity is Relentless
China is still very questionable regarding Wuhan Virus
It used to be that when China sneezed the rest of the world got the Flu
Now China has a deadly Flu and has been largely shut down and the rest of the world is
in an unmitigated Stock market Panic RALLY !
QQQ up 1% Semiconductors up 3%…new highs every day.
It almost appears that “they” are keeping the qqq elevated to mitigate the mostly likely supply disruption coming of Chinese goods. This is MOPE at it’s finest.
MOAR!
This recently from the illustrious Janet Yellen: Speaking via video conference with bankers in Kansas City, Yellen said that the Fed would take a page out of the SNB and BOJ playbook, and “might be able to help the U.S. economy in a future downturn if it could buy stocks and corporate bonds.”
Translation: the stock market will not be permitted to go down EVER!
“the stock market will not be permitted to go down EVER!” But gold should have something to say about that.
seems to be symptoms of a “melt-up” …