Quote:
Originally Posted by Solanopete
Keep in mind that the Fed has pumped massive support into the economy to help deal with C-19 related shutdowns. It's hard to know how much stock market recovery is floating on the Fed's life boat and what will happen to markets when the Fed decides to withdraw that support and shift its attention back to inflation fighting.
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You make a good point. I asked myself what the economy was doing before this hit. My answer is quite well. If the Feds played their cards right, they shored things up without creating a bubble. If I'm wrong, I expect to lose money. I think they stabilized the economy. Inflation is 'relatively' flat and it will take some time for things to play out to know which direction things are headed. The only thing you can do know is keep your eyes peeled and do your research, whatever that entails.