US stimulus checks could end up in stock markets, bitcoin

Washington (AFP) – President Joe Biden’s $1.9 trillion stimulus will start flooding into the US economy soon, and some analysts say much of that money could end up invested in stocks or even bitcoin. Over the weekend, the government began sending the $1,400 direct payments that will go to nearly everyone in the United States. About $400 billion in payments will flow directly to households, going to individuals earning less than $75,000 a year or married couples making up to $150,000, as well as their children.  And that does not count child tax credits or unemployment benefits in the massive p…

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HEDGE accordingly