$SPX ZIRP on savings luring boomers into assets (4k before 2k)
The generation that received the most benefits will complain and moan about this insane situation of no interest on their hard earned savings account that they have been refusing to risk on the stock market.
Black Swan's aside and Trump being re-elected, we might see the boomers finally start moving more money into other assets (long $SPY AND $GLD), including the stock market.
Comparing it with house prices in big cities around the world, we all know what will happen next.
I will call this exuberant push "ZIRP on savings luring average Joe's and Jolina's into the market."
Black Swan's aside and Trump being re-elected, we might see the boomers finally start moving more money into other assets (long $SPY AND $GLD), including the stock market.
Comparing it with house prices in big cities around the world, we all know what will happen next.
I will call this exuberant push "ZIRP on savings luring average Joe's and Jolina's into the market."
