the BRILLIANT QE plan saved the markets from a GREAT DEPRESSION and recovered the lost wealth of 2008 Markets Crash????
Here... we... go...
Thank Obama motha fucka
Ayatolla of Rock and Rolla - Thank Obama motha fucka
I thought it was a combined Bush/Obama effort?
"These 2 charts show QE worked ... for some
But anyone who has invested in the stock market should give a hearty thanks to Bernanke and his successor Janet Yellen.
Yes, the already wealthy are more likely to have merely gotten even richer from rising stock prices."--------
OP is cray cray
"if you didn't panic in the fall of 2008 and held onto stocks, here's what you've been fortunate enough to enjoy since the Fed announced its first round of QE in late November 2008.(pic of chart)
It's even better if you had invested in bank stocks. QE didn't work immediately. The broader market (and banks in particular) continued to plunge on recession/credit crisis/liquidity fears until March 2009.
But once the market bottomed, shares of big banks such as JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Wells Fargo (WFC) started to surge."-----
5 times as many billionares out there now too
rekt - thanks Obama
how were the conditions when President Obama assumed the office?
How will be the conditions when he leaves the office?