Don't break out the bubbly yet folks the markets aren't done yet. The actions of the last days are nothing more than putting a bandaid on a gushing wound. And a borrowed bandaid at at that. The real kicker will come when the waiter brings the bill. Current info has it that taxes will double by the end of next year. Like it or not there is no free lunch. I think it's only fair that since it was brokerage houses and corporations who got us into this mess along with some greedy and crooked politicians that they be hit with the bill. Any business that has paper on wall street should be hit with a 'stupid' tax to pay for this.
This is turning out to be an exact repeat of the 1930s. The market tanked then went up and then in the following months the entire nation collapsed. This time around expect to see massive inflation and increased taxes.
Hope you didn't have your retirement funds in with this toxic mess because if you did it will take at least a generation to gain back what will be lost. Ah but you say the markets are up today. But you aren't looking at that 900lb gorilla in the room, all of that bad paper that got us into this mess. You think we can just run it to the recycle bin? Sounds like that is what the government is doing and it will come right back at us. Like I said before the real disaster party will start in a few months maybe sooner.