Analyst: “Long term, with all the liquidity central banks are injecting into the system, there will be massive purchasing power destruction in the future, which will be good for gold.”
Bullard: “This is a special quarter, and once the virus goes away and if we play our cards right and keep everything intact, then everyone will go back to work and everything will be fine,”
Using this strategy essentially guarantees you will pay less per share over a certain period of time.
Any widespread event like what the U.S. is facing now affects all aspects of life and the economy. How will Social Security be affected?
“Monetary policy can only take us so far, and investors are waiting to see what fiscal stimulus the government puts forth to get a better grasp on how this crisis will unfold.”
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