[The stock markets are still going up and up. The Federal Reserve’s quantitative easing took care of the stock market, and may have saved civilization, but large swaths of the population did not gain during these years. “They got hit the hardest, so they were a pretty good bad-to-better story.”The S&P bank index of 18 major banks is up 600 percent. The best bank stock you could have bought, Fitzgibbon said, was Bank of the Internet, a California-based company with no branches that does all its business online. If you have the patience, guts and money, you can do well.”The good news is that bull markets come, and bull markets go.
Source: Washington Post September 14, 2018 19:30 UTC