ProShares UltraPro QQQ ETF (TQQQ)

[luckydude777]

Commentary greatly appreciated, sir. Age has it's blessings for us younger bucks to learn by.

I stumbled across a public writing a year or so back that I NOW wish I would have archived. Essentially the author of it said that because of interest rates being so low, banks were not making enough profits.

And for the FED to keep them in operation, federal monies that would NORMALLY be given to the banks to give out loans on (the pandemic didn't qualify many people - especially small businesses - to even QUALIFY for cheap loans) ... the banks were investing those gubment funds into the Shock Market to turn profits with the money.

So if that was true, and perhaps still IS happening to some degree or 'nother ... it would make sense to ME that the Shock Market is experiencing "manipulation" that is completely "legal" by tons of cash that otherwise may not be propping up share prices.

In saying it a little different: "Our fiat tax dollars at WORK."????

Perhaps this might be the GREATEST reason I see more BANKS going up around me than churches and pizza parlors being built????