COVID Stimulus Passes

[buddtholomew]

Do we get another huge run-up in equities? Will it come in the Tech sector or somewhere else?

[whatchamacallit]

Mine will go toward maxing out ee bonds for year and rest to large cap. So little bit to tech stock.

[flyingpylon]

Mine will go toward college tuition. The run-up in that continues unabated with no end in sight.

[buddtholomew]

We’re not talking about mom and pop on the street struggling to pay daily bills, but rather those who now have discretionary income to speculate.

1.9 Trillion is going somewhere.
Glad the money is going to those in need.

[whatchamacallit]

May be stimulus will actually be deflationary.

https://www.marketwatch.com/story/credi ... 1614976971

Otherwise I just hear about people buying bitcoin.


If they could some how just send out restaurant and hotel vouchers it would stimulate economy more.

[bitcoininthevp]

If they could some how just send out restaurant and hotel vouchers it would stimulate economy more.

Fedcoin or whatever digital currency they are working on will allow just this. You can only spend these $100 in your account on restaurants.