The Fed keeps pouring money into the banking system at a very aggressive pace (click on graph to enlarge). This is good news for the financial system and the economy. Eventually.
As far as the long term is concerned, all this money is likely to create other bubbles. The stock market should be the great beneficiary of this fantastic inflow of money.
More, much more of my analysis and recommendations when you read older posts in the blog archive and subscribe to The Peter Dag Portfolio by going to https://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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