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Old 08-21-2020, 07:47 PM
Bucco Bucco is offline
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Quote:
Originally Posted by tvbound View Post
It's pretty baffling as to what (other than greed and those who think they're smart enough to bail just in time) on what is driving the markets right now. It's a completely different situation than 2008, but eerily similar to 1987. I hope I'm wrong though.
This is not my "cup of tea" but when they went to zero on rates, they basically said that you can only make money on money in the market. .

High interest everything disappeared...left the markets as the only place your money had a chance, especially S&P because of the technology stocks.

Just a thought.