From the desk of Willie Delwiche.
To read the rest of this report, you must be a member of All Star Charts PLUS. Please login below or start your risk-free 30 day trial today.
Lost Password?
Expert technical analysis of financial markets by JC Parets
by Peter
From the desk of Willie Delwiche.
Key Takeaways:
It’s been over two decades, but policy makers may finally be getting it right. This is not a blanket endorsement of the stimulus bill that is inching its way through Congress and toward the President’s desk. But it is a recognition that after bearing the cost of stimulus, the economy may be poised to reap the benefits of it as well. Wall Street has certainly celebrated excessive liquidity from the Fed. Fiscal stimulus at this juncture may help the Main Street recovery gain momentum and actually exceed expectations. That used to be the norm, though in recent decades recoveries have stalled out before gaining much traction. This has produced a bifurcated economy where those with Wall Street exposure have greatly benefitted and those with Main Street exposure have struggled to keep up.
To read the rest of this report, you must be a member of All Star Charts PLUS. Please login below or start your risk-free 30 day trial today.
Lost Password?