Post by
exprohibition18 on Dec 23, 2020 6:45pm
Why We are the smartest and best people in the world
We let our banks print 24/7 and that's why we get stock returns unlike any in history . It's why we are the wealthiest ever with the lowest volatility ever . Our sharpe ratio means we are literally all smarter than any investor from the 80s lol . We are the smartest people on earth . We are so rich . Because we let the banks do what is necessary : print ! Issue trillions and price that debt at sub 1% . Who cares if we run twin deficits . Tell China we don't need them . We have our secret weapon ! The bank of Canada ! They will print for all of us ! No pain ever again !! We are #1 !!!
Comment by
bobismydad on Dec 29, 2020 10:33pm
Smart money spent all of December selling, and RY was no xception--they knew the bills woulds be comming in January https://youtu.be/VbVtLX5aTzY?t=34