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by danboarder
1826 days ago
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I can't help but think this is in part due to devaluing of the dollar due to the massive quantitative easing and stimulus (see it visualized in an economic infographic linked below). The amount of money flowing in the economy has to go somewhere and a lot of it is finding it's way into the stock market. Thus, we see a record number of IPOs this year (not seen since the dot-com era) as well, and some interpret this as an eminent "SELL" signal. https://demonocracy.info/infographics/usa/us_stimulus_packag... Market SELL Signals Start to Pile Up
https://www.youtube.com/watch?v=b2xmYeJEHsA |
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