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RE: Whether you like it or not, Stocks are going to soar and so is Bitcoin

in LeoFinance5 years ago

How can stocks rally in a time of economic turmoil? I wouldn't be so confident about a bullish scenario. Sure, the QEs are working for now, but will stocks keep rising when unemployment rates fail to recover, coronavirus cases continue to spike, geopolitical conflict continues to soar etc.? I am bullish on bitcoin long term as well, but I don't think it's 50/50 right now.

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They will just keep printing. Thus far nothing has come up that the market doesn't think can be countered with massive amounts of QE. Should that something come up, you are right stocks and everything else will go down. But, as of now, markets don't think we are there yet.