All in Spy calls.... Guys... Take it to the bank...
All in Spy calls.... Guys... Take it to the bank...

More free fucking money for everyone.. as I keep saying this economy is totally worthless, it's the fed printing press that props stocks up.
Zero free markets, fed printing press is the only reason for equity gains!!!
16 million unemployed so of course they have to pump the markets up with free trillions.....
https://www.cnbc.com/2020/04/08/stock-market-futures-open-to-close-news.html
I'm with you about too much Fed stimulus in general... and over the years.
But considering what it means to have a significant portion of the economy shut down, perhaps it's justified and even necessary for now. (Fed would have been much more credible had it not been juicing the markets all along and saved its firepower for a time such as this.)
They are literally handing out free money to small businesses. The bailouts are non stop...this is not how economics 101 works!!! The fed has juiced the markets the last 30 years and juiced it to extremes the last decade to keep the bull market in place. Its okay for the economy to have a setback but the reason we see these big drawdowns is because of the recent fed pumping. They dont know how to stop or ease up. If you think the last decade had a lot of fed intervention these next 2 to 3 decades the fed will be printing around the clock and doing anything and everything to keep the economy from a recession. The fed will be full force literally for the next 2 decades handing out free trillions..
fed can print 10 Trillion in a day, and spy shoots like a rocket to 350 in ONE DAY!The rigged market is being pumped hard. How much longer can they sustain it? Looks like they are running out of juice.