Monday, July 20, 2020

are we running this economy simply on stimulus ..?



as they have become routine in US politics, but keep in mind that its simply borrowing from future as there is no free lunch in economics .. politics may be ..!

when NASDAQ ends with a record close and S&P turns +ve for the year  ..!

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treasury plans to buy long term US debt to replace it by short-term debt

10y rates dropped by a point .. and stocks rise ... aka market manipulation and perfectly legal as done by US govt.