Perma-Riser Funhouse: 12 Stocks, Stimulus Cash, And Its Insane Affect
Tim Knight | Aug 08, 2021 12:47AM ET
Ever wonder where all those trillions from the Fed wound up? Well, there’s plenty of balloons for all that helium, and below I offer a dozen real-life examples to illustrate just how bug-eyed insane the world has become. This isn’t normal, folks. And it isn’t sustainable. My only astonishment is just how long they’ve been able to keep this show going. Observe and be amazed:h2 1. Deere & Co/h2
Deere & Company (NYSE:DE)
Accenture plc (NYSE:ACN)
Adobe Systems Incorporated (NASDAQ:ADBE)
Blackstone Group Inc (NYSE:BX)
Get The News You Want
Costco Wholesale Corp (NASDAQ:COST)
Danaher Corporation (NYSE:DHR)
IDEXX Laboratories Inc (NASDAQ:IDXX)
Intuit Inc (NASDAQ:INTU)
MSCI Inc (NYSE:MSCI)
Microsoft Corporation (NASDAQ:MSFT)
Nike Inc (NYSE:NKE)
Pool Corporation (NASDAQ:POOL)
And just in case anyone is under the illusion that the above results are from a thriving, robust, organic economy, I’ll leave you with one last chart, which is the assets the Federal Reserve has been gobbling up with freshly-printed digital dollars. Looks kind of similar, doesn’t it?
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.