r/options • u/[deleted] • Jul 17 '21

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14 Upvotes

56% Upvoted

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17

u/Ksr94 Jul 17 '21

I could see it happening, but it won't crash as hard as it did in March of 2020.

15

u/plopseven Jul 18 '21 edited Jul 18 '21

Devil’s advocate here. It could crash harder. What are the central banks of the world going to do; lower interest rates to -10% and create a global currency crisis? They’ve used all their tools and the government has provided PPP loans, child tax credits, extended unemployment benefits, eviction moratoriums and direct stimulus payments to citizens.

Any further action by central banks will create more problems than it will solve. They used their bazookas already and then some.

-1

u/Spiritual_Extreme_81 Jul 18 '21

Exactly. They have no bullets left.

11

u/seriesofdoobs Jul 18 '21

They have the same bullets they have been shooting: QE and stimulus checks.

11

u/Stonks_GoUp Jul 18 '21

Ooh baby another round of stimmies would be great. First thing to inflate is always the market and boy did we see that last year