There's a financial media convention that higher=better, when it comes to the stock market — but that's not always the case.The Fed's big problem is that the economy continues to run too hot, driving inflation well above its 2% target. The current spending spree is fueled at least in part by investors'The S&P 500's pre-pandemic record high of 3,387 was hit on February 19, 2020.
Fed economists — and many others — tend to believe that predictably low inflation is a necessary precondition for strong and stable growth.
Hey Axios, A few days before the $AMC $GME March run, the SEC met with SBF / FTX to discuss 'no action relief' for digital securities (tokens?). Was FTX purposefully unregulated to help Wall Street, Citadel, and other market makers manipulate stocks? hmm TheJusticeDept
The stock market is rigged by Citadel and other market makers. FTX was also used to trade worthless tokens to manipulate stock prices, aka stealing from Americans. Wall Street is just mad the poors figured it out. $AMC $GME
As I’ve said, bear markets are where riches are made
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Source: MarketWatch - 🏆 3. / 97 Read more »