Will bidens 2t dollar economic relief plan boost the markets again as it did last year ? What are blinds thoughts ?

Intel
Kzqy26

Go to company page Intel

Kzqy26
Jan 14, 2021 5 Comments

#personalfinance #investments #stockmarket #economy

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  • Just give everyone a $1 trillion stimulus check.
    Jan 14, 2021 2
  • Reddit
    sBpY74

    Go to company page Reddit

    sBpY74
    As long as people are staying home due to COVID the market will keep going up expecting more and more stimulus.
    Biden will need monetizing the debt and will keep printing as this is the only viable and painless solution. Bubbles will keep showing up left and right and the fed will keep propping things up up.

    At some point inflation will come back, slowly first aggressively then. At that point the printing will stop and the market will have a significant correction.
    I have no idea when all this will happen therefore going with the flow is what I'm doing. Remember bubbles tend to go much higher than what someone would expect and this bubble is only forming.
    Tesla and all tech companies valuations make no sense but at this environment it doesn't matter.
    Stocks could gain 100% in 6 months. Bubbles are parabolic and irrational.
    Jan 15, 2021 1
    • Google
      omgreally?

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      omgreally?
      The funny part is that once the inflation starts going up, they won't be able to match it with increasing rate as that makes the interest to serve the federal and state debt too high. So they will need to keep the official rate low while letting the inflation to keep up. I suspect they will do this by targeting the money to the poor and lower middle class to keep the masses happy. The retail will benefit a lot from that so maybe it's time to buy WMT.
      Jan 15, 2021