Will the DOW continue downward?

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Originally Posted by mgatepi

Trying not to PARF this...
The Biden admin policy's are job killers, the market always looks to the future, so why is it going up? Yes the economy has been juiced like never before with the stimulus plans, but this will run out fast...
My simple theory, the markets are ran by the big boys, the big boys live and work in NY. What party controls NY? They cant let Biden look bad...not for awhile anyway.

You don't get it...the day in sept 2012 that the FED put QE3 into effect Equities have gone up. The moment they stopped in 2018 Equities CRASHED..FED announces that they are gona start juicing again in early 2019 and Equities go up...

It is what the FED says and does that matters and not DC..Yellen from the FED is SEc Treasury....guess who she is coordinating with..

Powell at the FED says the govt should do more with fiscal policy...and at Christmas 20 you had 900B CARES and now another 1.9T in the pipe. And Yellen at Treasury to coordinate the action..

Why is that?

It is not a matter if they are gona stop juicing...they are not..they know if they stop the economy stops.

They are gona print and print till they can't print no more cause there will be no one left who is dumb enough to take a USD..

Americans are really really delusional and ignorant people.

Now they are thinking a RESET will save the day and keep the Global Economy Of Scale From Collapsing. That means ALL of the worlds Central Banks will have to coordinate the action. It is ONE HE!! of a GAMBLE. One thing is for sure they are gona take away the WORLDS RESERVE CURRENCY STATUS FROM THE USA> which means that the US CAN NOT MANIPULATE THE USD any longer so that the USA CAN CONTINUE TO LIVE EXTRAVAGANTLY ON BORROWED MONEY. The USA will REFLECT the fact that it has a 84T USD NEGATIVE NET WORTH where the USA completely regresses to a 3rd world nation.

https://www.independent.co.uk/news/world/americas/us-developing-nation-regressing-economy-poverty-donald-trump-mit-economist-peter-temin-a7694726.html


It will not work..Debt is not in of itself the problem. Debt is the palliative relief for the fundamental causation. There are no longer enough consumers with the where with all to sustain the Global Economy of Scale.

The fact that they are thinking "RESET" indicates that they do not under stand the fundamental problem.

[Por_sha911]

Originally Posted by hcoles

Try Googling..."The Stock Market Climbs a Wall of Worry"

If you believe that those articles are not biased by an agenda then go invest your heart out.

[Por_sha911]

Originally Posted by stevej37

If it holds, the Dow is up almost 800 in the last two days.
I'd say that is an upward trend.

That's not a trend. That's a couple good days. If it rains 2 days in a row should be predict flooding of the whole earth?

[cstreit]

Originally Posted by mgatepi

My simple theory, the markets are ran by the big boys, the big boys live and work in NY. What party controls NY? They cant let Biden look bad...not for awhile anyway.

I really don’t think the billionaire fund managers give two hoots if Biden looks good or not. It’s about the $.