US stimulus just ‘another temporary bandage’ adding to massive amounts of debt – chief strategist tells Boom Bust
RT’s Boom Bust is joined by Todd Horwitz of Bubba Trading to discuss the measure and its impact on financial markets.
“Stimulus is not going to create growth,” he says, explaining that if people are going back to work that does not mean that “we are getting growth, it is not going to affect the companies’ earnings.”
The strategist says that the agreement will not change the situation and the market sell-off will continue.
Source: rt.com
Comments