http://www.moneyshow.com/main.asp?scode=013203 Trader Tim Morge has a chart target for the Dow Jones Industrial Average at 7200, but if that level doesn't hold, it could go much lower.
Tim Morge said to give the $1.5T equally to all people 18 years or older (roughly 75% of the population). The stimulus has now ballooned closer to $3T and the amount would be closer to $12,000 per person.
HOWEVER - One thing he was wrong about though. He said is the "stimulus" was shared out among all US taxpayers, each person would get $750,000. This is such obvious bad math. Why do I keep hearing this laughable nonsense everywhere ? The real figure is obviously $7,500.
@adamofwarmfield
Tim Morge said to give the $1.5T equally to all people 18 years or older (roughly 75% of the population). The stimulus has now ballooned closer to $3T and the amount would be closer to $12,000 per person.
enginole06 8 months ago
HOWEVER - One thing he was wrong about though. He said is the "stimulus" was shared out among all US taxpayers, each person would get $750,000. This is such obvious bad math. Why do I keep hearing this laughable nonsense everywhere ? The real figure is obviously $7,500.
adamofwarmfield 3 years ago
He was right.
adamofwarmfield 3 years ago