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What happens on Wall Street doesn't truly reflect the current situation we're going through. Some companies (especially big tech, FAANG, etc) have reached record highs, and this is mainly thanks to the central banks with their quantitative easing. Hard to think how the stock market is going up so much when some people are out of business or in the unemployment line. Funding these big companies can be a good move at first, but someone is going to have to pay for the recovery bill.
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33 ratings
What happens on Wall Street doesn't truly reflect the current situation we're going through. Some companies (especially big tech, FAANG, etc) have reached record highs, and this is mainly thanks to the central banks with their quantitative easing. Hard to think how the stock market is going up so much when some people are out of business or in the unemployment line. Funding these big companies can be a good move at first, but someone is going to have to pay for the recovery bill.