EVER WONDER WHY THE STOCK MARKET IS RALLYING RIGHT NOW?

[Danny Webber]

Say it ain't so....SMDH  - FOLLOW THE MONEY

It is not the entire reason but is a huge contributing factor

One person who is financially benefiting from every stock market rally is Jay Powell who has tens of millions in ETF fund long holdings, including $SPY, $RUT & holdings with Blackrock the same firm he selected for doing the Fed's ETF buying

LINK TO HIS FILINGS https://extapps2.oge.gov/201/P... 

https://wallstreetonparade.com/2020/05/fed-chair-powell-has-upwards-of-11-6-million-invested-with-blackrock-the-firm-that-will-manage-a-750-billion-corporate-bond-bailout-program-for-the-fed/

[Steve Morris]

Ummmm, OK what's your point?

You're on the Fed board, hard to believe you don't have a few bucks invested.  Seems like if he pumps the market up, a lot of other people benefit (like anyone with stocks)?