Perma-Riser Funhouse: 12 Stocks, Stimulus Cash, And Its Insane Affect
Ever wonder where all those trillions from the Fed wound up? Well, there’s plenty of balloons for all that helium, and below I offer a dozen real-life examples to illustrate just how bug-eyed insane the world has become. This normal, folks. And it sustainable. My only astonishment is just how long they’ve been able to keep this show going. Observe and be amazed:
1. Deere & Co
Deere & Company (NYSE:DE)
Deere & Co Chart
2. Accenture
Accenture plc (NYSE:ACN)
ACN Chart
3. Adobe
Adobe Systems Incorporated (NASDAQ:ADBE)
Adobe Inc Chart
4. Blackstone
Blackstone Group Inc (NYSE:BX)
Blackstone Group Inc Chart
5. Costco
Costco Wholesale Corp (NASDAQ:COST)
Costco Corp. Chart
6. Danaher Corp
Danaher Corporation (NYSE:DHR)
DHR Chart
7. Idexx Laboratories
IDEXX Laboratories Inc (NASDAQ:IDXX)
Iddex Labs Chart
8. Intuit
Intuit Inc (NASDAQ:INTU)
Intuit Inc Chart
9. MSCI
MSCI Inc (NYSE:MSCI)
MSCI Inc Chart
10. Microsoft
Microsoft Corporation (NASDAQ:MSFT)
MSFT Chart
11. Nike
Nike Inc (NYSE:NKE)
Nike Chart
12. Pool Corporation
Pool Corporation (NASDAQ:POOL)
Pool Chart
And just in case anyone is under the illusion that the above results are from a thriving, robust, organic economy, I’ll leave you with one last chart, which is the assets the Federal Reserve has been gobbling up with freshly-printed digital dollars. Looks kind of similar, doesn’t it?
Assets — Securities Held
