Originally Posted by
Viking01
But despite the news, selected stocks on the US share market responded positively. Oil prices spiked slightly, and US defence company stocks rose as well, so all is not lost:
The US Treasury also pumped another three billion worth of quantitative easing into the economy most of which went directly into the stock market. The current rate of quantitative easing is reportedly running at 12 times the rate it was when they were trying to recover from the General Financial Collapse.
For anyone unfamiliar with the term quantitative easing it used to be known as 'printing money'. It's artificially boosting the stock market but there may be a price to pay later.
Trump is hoping later means after the election.
There is a grey blur, and a green blur. I try to stay on the grey one. - Joey Dunlop
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