“Federal Reserve stimulus and government borrowing to meet its obligations are driving stocks to record highs on a daily basis, according to RC Peck, chief investment strategist and CEO of Fearless Wealth.
“It really feels like this is what $8 trillion gets you, between deficit spending and money printing,” Peck told Newsmax TV in an exclusive interview. “It’s been about $8 trillion over the last four years and I really don’t think we’d be at these prices [if it weren’t for that].”
Peck added that the total doesn’t take into account the liabilities that the U.S. has assumed during the period…..”
Full article and video interview
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