POMO days?....good for stocks pre 2013 . I seem to remember about 70 or 80 bil. Per month on a strict schedule. Here we go again. I have been conditioned over time to view what will unfold as a type of opportunity that shouldnt come around as frequent as it is over the last 20 years. What a time to be a young, new developing position trader/investor. Is there any doubt,(-even for an old fucker) that we will see all time highs in under 5 years? Virtual zero interest rates again....you kiddinme? The lower we go the better......for some , that is.
"In 1918, a pale horse appeared – the Spanish flu. A few months later, some 675,000 Americans were dead. That would be equivalent to about 1.2 million people today. They coughed and sneezed… their lungs filled… their fevers rose… and they died. Cities and local communities coped as best they could. But there was no panic. No state of emergency was proclaimed, neither by any state nor by the national government. No “shelter in place” orders were given. No face masks were distributed. No testing programs were put in place. No stores were closed. Nobody failed to show up for work (unless he was sick). The only major public health initiative – undertaken in some cities but not others – was that schools closed early for the summer. What the authorities didn’t do for citizens’ health, they also didn’t do for their money. No “stimulus” was given. No deficit was run. No interest rates were cut. No emergency spending… no helicopter money… no bailouts. With no rescue from the federales, the economy must have totally collapsed… right? Nope. That’s not what happened at all." <https://www.bonnerandpartners.com/b...se-shows-stark-contrast-to-1919-flu-outbreak/>