The fiscal stimulus put explained

Steve Sosnick, Interactive Brokers’ chief strategist, discusses the reliance on fiscal stimulus impacting the market.

The stock market’s dependence on an ultra-loose monetary policy by the US Federal Reserve is well-known.

Is the market also hooked on a steady flow of government support?

In other words, is fiscal stimulus another put?


Photo Credit: 401(K) 2012 via Flickr Creative Commons