Ray Dalio explains it as this the US Fed prints money gives it the to the banks. The banks lend it out and this pumps their markets.
The US market gets most of this Fed conjured money and gives the illusion of stock prices rising. When it is really inflation of stocks. Then people sell these inflated stocks and buy stuff causing real inflation we are seeing across the world.
FEX Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held
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