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Dow Approaches 30,0000 points: What’s the point?

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    #46
    Originally posted by errolanderson View Post
    The Fed now controls the stock market . . . that is why is the Dow is now 30,000 feet in-the-air but the plane now losing cabin pressure on failing stimulus. This is a Keynes economics meltdown in-progress (IMO).
    Melt down or Melt UP?

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      #47
      Originally posted by biglentil View Post
      Melt down or Melt UP?

      Melt-up in cryptocurrencies, Feb bitcoin exploding over $24,000 this morning.

      Melt-down in the USD index breaking below 90.00. $900 billion money printing stimulus to be handed out to American individuals . . . that oughta fix the financial mess stateside . . . print the money and hand it out.

      Loonie appears on-the-way toward 80 cents.

      True undoable financial mess in-progress . . . .

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        #48
        Despite all the shut downs rampant in the oil industry, real estate prices continue their upward surge. House and farmland sales continue to be the subject of bidding wars. Now that Bitcoin has finally erased three years of steep capital losses, the internet chatter is all about the new bull market in ones and zeros. The miracle of zero percent interest continues to amaze one and all.

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          #49
          Will the money printing ever end?

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            #50
            I have two first cousins that have been trying to sell their property. One, a house in Midale, Sask. The other, a newer condo in east Regina.

            Neither have had any luck. .....for a while now.

            Maybe this hot housing market isn't "everywhere"?????

            Are houses being bought with Covid Cash?

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              #51
              Originally posted by farmaholic View Post
              I have two first cousins that have been trying to sell their property. One, a house in Midale, Sask. The other, a newer condo in east Regina.

              Neither have had any luck. .....for a while now.

              Maybe this hot housing market isn't "everywhere"?????

              Are houses being bought with Covid Cash?
              the hot housing market is probably real estate co's bullshit

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