How the COVID-19 Bailout Gave Wall Street a No-Lose Casino

Nigerian Stock Exchange Forum
financial analyst for JPMorgan Chase, wrote to clients with good news. Pandemic aside, investors should expect stock prices in S&P 500 companies to return to record numbers some time early next year! “The S&P 500 should attain previous all-time highs,” Kolanovic wrote, “if the monetary measures are sustained.” The key part of this phrase was the last bit, “if the monetary measures are sustained.” In countries that did not have a Federal Reserve Bank shooting a bazooka of cash daily at Wall… How the COVID-19 Bailout Gave Wall Street a No-Lose Casino
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