It's Fed liquidity that's been supporting the would-be crashes. Below is the M2 money supply using data from Federal Reserve official data.
It's like you have no job but money always come out of your wallet at woolies :)
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 (20min delay)
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Last
8,570.4 |
Change
-9.700(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,580.1 | 8,593.6 | 8,558.3 |
| XJO (ASX) Chart |