Central banks control the money supply. They can print infinite amounts of dollars, euros, yen or other currencies.
Actually, they don't even have to print the money, they just push buttons on their magic computers and viola! new money.
The money gets circulated to their stockholders, large international banks. The banks invest in the stock market, sending stocks - any stock they choose, or all of them - higher.
That's why, as evidenced by today's out-of-nowhere rally, nobody can short this market.
It's easy money, mostly for the richest of the rich, and, if one is savvy enough and holds long enough without wavering, for everybody.
At the Close, Tuesday, November 21, 2017:
Dow: 23,590.83, +160.50 (+0.69%)
NASDAQ: 6,862.48, +71.76 (+1.06%)
S&P 500: 2,599.03, +16.89 (+0.65%)
NYSE Composite: 12,385.89, +65.11 (+0.53%)
Tuesday, November 21, 2017
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment