I ran across this tweet from zerohedge.com yesterday. The bull market has been propped up. Propped up by the central banks. Therefore it is NOT an organic market. This raised an eyebrow with me. I’m most likely not the only one.
The stock market gains can be associated with consumer spending. The economy is in a precarious position. The Fed has been doing everything it can to prop up the economy. The Fed has this constant inflation of the market. Will the Fed always have the market’s back?
Why The Fed Keeps Propping Up The Market https://t.co/NkH3rszwTZ
— zerohedge (@zerohedge) March 21, 2019