Re:Apple becomes first U.S. company to reach a $2T market cap
by microcow on Wednesday August 19, 2020 @02:45PM
(#24214404)
I'm not confident about the 2008-present effects of QE, but I think it's more likely to affect stock and bond prices than Baby Boomers retiring.
The announcement of the most recent round of QE is one of the "policy shocks" of the kind referred to by the 2014 Fed paper. Prior to the announcement, Apple, S&P 500, and bond funds were at 1-year lows. This month they are at all time highs.
The announcement of the most recent round of QE is one of the "policy shocks" of the kind referred to by the 2014 Fed paper. Prior to the announcement, Apple, S&P 500, and bond funds were at 1-year lows. This month they are at all time highs.