If the largest, most sophisticated and liquid securities market in the world doesn't listen, you should be able to make an easy killing as an investor.
"The market can stay irrational longer than you can stay solvent."
As documented in The Big Short, the guy who bet heavily on the mortgage crash didn't make as much as you would think, largely because the market was rigged.
The Federal Reserve dominates the bond market. The stock market is largely artificial due to the formerly illegal practice of stock buybacks combined with Congress shoveling money to the stocks they themselves own. Covid comes in, the economy tanks, and stocks soar. What's wrong with this picture?
Yes. For awhile. That seems to be the driving idea behind all of the US’s policy decisions now. No, we can’t win Ukraine but we can bilk trillions out of the economy. No we can’t stop global warming so we might as well dig and extract and chase $$$$ until we die. It is as you say, a killing. They’ll prop up investments until it’s time to take the winnings and run, at which time the soaring inflation will eat up all the profits they have so assiduously chased these last years of empire. They may go for gold, but since China is there ahead of us buying it up like crazy, there won’t be much place left to hide their ill-gotten gains and boo hoo, they’ll just have to start another war to steal it from someone somewhere.
If the largest, most sophisticated and liquid securities market in the world doesn't listen, you should be able to make an easy killing as an investor.
"The market can stay irrational longer than you can stay solvent."
As documented in The Big Short, the guy who bet heavily on the mortgage crash didn't make as much as you would think, largely because the market was rigged.
The Federal Reserve dominates the bond market. The stock market is largely artificial due to the formerly illegal practice of stock buybacks combined with Congress shoveling money to the stocks they themselves own. Covid comes in, the economy tanks, and stocks soar. What's wrong with this picture?
Without going into the details of what you wrote, what happened during COVID was "free money".
Yes. For awhile. That seems to be the driving idea behind all of the US’s policy decisions now. No, we can’t win Ukraine but we can bilk trillions out of the economy. No we can’t stop global warming so we might as well dig and extract and chase $$$$ until we die. It is as you say, a killing. They’ll prop up investments until it’s time to take the winnings and run, at which time the soaring inflation will eat up all the profits they have so assiduously chased these last years of empire. They may go for gold, but since China is there ahead of us buying it up like crazy, there won’t be much place left to hide their ill-gotten gains and boo hoo, they’ll just have to start another war to steal it from someone somewhere.