InvestorsHub Logo
Followers 41
Posts 33708
Boards Moderated 0
Alias Born 07/08/2003

Re: dexprs post# 94948

Thursday, 05/20/2021 5:55:24 AM

Thursday, May 20, 2021 5:55:24 AM

Post# of 110670
Like a crack addict, the withdrawal from support the FED has provided the bond market, could be incredibly ugly. The idea the FED has "supported" the market, is absurd on it's face, the FED IS the market. Good luck trying to control the damage. I'm at break even on my company 401K profit Sharing for 2021 and will be going to all cash unless today turns around.

When creating debt becomes the "norm" for economic activity, we have lost our way. Just watch the circus in DC to see how far we've fallen.

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/fed-s-monthly-bond-purchases-endure-as-economic-vaccination-goals-fall-short-63773209

If you work hard and have a skill set to match success and wealth is yours for the taking

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.