The printing presses are printing trillions of dollars. Some of that is going out in what are essentially hand-outs (Which is fine), some of it is going out to buy equities (Which drives the prices up, and is absolutely disgusting), and some of it is going out in the form of loans to dead businesses which will have to be repaid (Which props up the market in the short term, but will turn the economy into a debt-servicing zombie over the next decade).
Trump is desperate to not let the markets drop as part of his legacy, and the fed is doing everything in their power to not let the markets drop... Regardless of the long-term consequences. This is, of course, purely a coincidence.
That's why you can have 16 million unemployed in two weeks, another two months of shutdown on the horizon, nobody buying anything, everyone sitting at home, landlords not getting paid, and yet have the market partying like it's 999.
Trump is desperate to not let the markets drop as part of his legacy, and the fed is doing everything in their power to not let the markets drop... Regardless of the long-term consequences. This is, of course, purely a coincidence.
That's why you can have 16 million unemployed in two weeks, another two months of shutdown on the horizon, nobody buying anything, everyone sitting at home, landlords not getting paid, and yet have the market partying like it's 999.