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Ted Lieu @tedlieu

I believe there’s also another explanation. With the Fed injecting liquidity & treasury yields at very low rates, investors need to put their money somewhere. If you’re a pension fund that needs a certain rate of return, you are likely shifting out of treasuries & into equities. — PolitiTweet.org

Robert Shiller explains the pandemic stock market and why it’s decoupled from the economy. The more economic fundam… https://t.co/hhoQXlzRPH

Posted July 9, 2020 Hibernated

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Ted Lieu @tedlieu

Dear @realDonaldTrump: I see you are spending campaign cash in NV and MN. Turns out Asian Americans are the fastest increasing group in America and compose 11% of the electorate in NV and 5.7% in MN. So go ahead and keep doubling down on your racism. See you in November. — PolitiTweet.org

MN, NV, NM are an interesting set of offensive targets for Trump, as they're really quite different https://t.co/KIb0OZhpaT

Posted July 9, 2020 Hibernated

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Ted Lieu @tedlieu

@OMGROFLOLJK Actually, the stock market went down today. But whether Wall Street goes up or down is not necessarily reflective of what is going on in Main Street and the economy. A lot of people are unemployed. We are in a recession. And the virus is surging. — PolitiTweet.org

Posted July 9, 2020 Hibernated