Subject: Re: OT, markets rise
Can someone explain to me why the market is going up like a rocket?
Wall Street was up again on hopes that the Federal Gov't would continue to borrow trillions of dollars to prop up both asset prices and the economy!
We are currently seeing some of the largest "stimulus" in history, and by stimulus I mean lighting the national credit card on fire and calling it economic strategy...
"Trump added $2.25 trillion to the national debt in his first year back in charge"
"The total national debt has grown by $71,884.09 per second for the past year"
"Interest payments now claim about 13% of the federal budget"
And don’t miss the milestone: the debt-to-GDP ratio is set to break past 100%, historically known as the maybe this isn’t sustainable zone.
But relax. Stocks are up. Liquidity is flowing. The music is still playing...
"At midnight everything is going to turn to pumpkins and mice; right? But as the evening goes along, I mean, you know, the guys look better all the time,
the music sounds better, it's more and more fun, you think why the hell should I leave at quarter of 12. I'll leave at two minutes to 12. But the trouble is, there are no clocks on the wall.
And everybody thinks they're going to leave at two minutes to 12." ~Warren Buffett
https://fortune.com/2026/01/20...
https://finance.yahoo.com/econ...