Of course the Fed has this markets back. Their plunge protection team have been covertly buying stocks for years now as a matter of "national security".. lol
If we had a free market this fake market would plunge and the wealthy elites would lose the most. The Fed has a mandate to protect them.
You hit the nail on the head! It's a game and they have all the face cards!
@digestingreality
a lot of those wealthy elites are teachers (via teacher's pension) and other pensioners.
I totally agree. It's sad that pensioners are tied to a stock market and economy that's in Decline