According to Anthony Pompliano (@APompliano), Long-Term Effect of FED’s Policy Awaits us

Anthony Pompliano (@APompliano) said the way FED is solving the crisis is not the best one.

Image source: facebook.com

Co-founder & Partner at Morgan Creek Digital, Anthony Pompliano (@APompliano), said the way FED is solving the crisis is not the best as 'printing trillions of dollars would negatively affect the stability of the currency in the long-term perspective'.

Image source: Twitter @NathanMontone

Futures strengthened after it became known that the Trump administration is preparing a proposal to strengthen the infrastructure of nearly $ 1 trillion. On the eve, the Federal Reserve announced the details of the program of financial assistance to companies affected by the pandemic.

Image source: TradingView S&P 500

The key S&P 500 index is now only 9% behind its all-time high recorded four months ago. Last week, he climbed to a record high of 5%.

The value of shares in the industrial, financial and energy sectors has also increased.

#Stock #Trump #S&P500 #APompliano

Peter Smith E-mail

Pete is an expert in content creation with a passion for the global economy and equities market.