how did ancient Chinese education infulance modren education
plz reply my paper is tomorrow and I have to learn this I will follow u and make you brainilist
Answers
Answer:
The stimulus checks were and are intended to be used for helping families cope with the negative financial impact of the covid pandemic. The Congress and Senate were not intentionally expecting Americans to buy stocks to boost the Dow 30 index via a few technology stocks being over speculated.
The stock market in March - July was primarily supported by Quantitative Easing the Federal Reserve Bank gave to the Money Central Banks. The banks bought primarily stocks with the virtual credits issued from QE. This boosted stocks. Some employed Americans used their stimulus checks and their deferred loan payments for 3 months also to speculate in the stock market.
However, those who were unemployed, small business owners, and the poor used the stimulus to pay bills and to survive for a short time.
The stock market is not reliant upon another round of employed Americans stimulus checks used to speculate the market.
Please be aware that the Dow 30 is not indicating the actual condition of the majority of stocks in the stock market. At this time the Dow is hovering around a new all-time high. However, if you studied the 30 stocks in that index, you would wonder how that is possible since only 4 stocks at this moment are at new highs.
The overall stock market which is 142 industries, 11 Sectors, and 3 Super Sectors started a bear cycle in 2018. This was invisible on the Dow 30 and other indexes because a few stocks in those indexes were highly speculated and with the averaging and weighting applied the value of the indexes rose with a few stocks moving up to new highs.
FACT: after studying all 5400+ stocks listed on the US exchanges, the majority are in a bear cycle that started in 2015–2018. These stocks are predominantly sideways which is a form of a bear market called a Trading Range Market.
IF the Dow 30 has the top few stocks that are over speculated sell down due to those companies entering their bear business cycle, then it will appear to those who don’t understand the market and how the indexes are calculated, that a bear has begun.
Actually, the bear is ending as the trading ranges pattern out excessive pricing on the majority of stocks, and companies begin the recovery phase of their normal bear business cycles.
So, what this means is IF the top companies sell down, the Dow 30 and other indexes might look as if a bear market or market crash as occurred. However, it is merely representing a handful of the 5400 stocks, not the entire market.
Hope this will help you in your exam .