Johannes wrote:
Ghost of Igloi wrote:
You are assuming that what the Fed does saves investors, or keeps their investments whole. Sure it stabilizes markets and as illustrated, give struggling businesses some months of liquidity. But it does not change the fact that millions of Americans don’t have jobs, and unemployment insurance is a temporary stop gap. Many of these jobs will never come back. That will take years of retraining and require a rebalancing the economy. If anything you have been sucked into the confidence game. That is what the Fed intended, but does that really change the end point? No.
You continue to confuse the stock market with the economy. Please educate yourself so that you don’t continue to sound so stupid.
You continue to confuse stock price movements with investing. You are an ignorant troll.