DrakePassageTrading

DrakePassageTrading May 17, 2020

The Fed is printing money like crazy and while the job market is posting 30 million jobless claims the mkt is going up. That means that the feedback loop between the real economy and the mkt is broken and that the central bank is indirectly buying the mkt by junk bond purchases. To hell with fundamentals If the mkt is not falling now it won't fall at all Long!!!!!!