Will the Govt Keep the Market Up?

[hotdogneedsbuns]

If the market tanks, I'm curious to see what et'ers think about whether or not the govt has any ammo left to keep the market up. I myself think the admin's credibility is shot.

 

[ess1096]

Haven't seen a PPT (plunge protection team) post for a while. I'm sure they will coming again soon.

 

[ASusilovic]

Are you aware that the US savings rate is a healthy 7 % pa. in the last couple of month ? That's a very healthy development. Besides, the US is not THE ONLY market worldwide.

Can you imagine that McDonalds, Caterpillar, Du Pont & Co. are generating more than 50 % of their revenue outside of the US ? Expect further profit growth !

Financials may be a laggard - but only "may" be...

In short : no need for government intervention anymore...

 

[ammo]

Quote from hotdogneedsbuns:

If the market tanks, I'm curious to see what et'ers think about whether or not the govt has any ammo left to keep the market up. I myself think the admin's credibility is shot.

the whole world is printing currency along with us which diminishes their currrency,hence diminishing the saturation of ours,so i think they have plenty of room to print more