Why the stock market is up even with historic job losses - NAMELY LIBERTY

Sunday, May 10th 2020, 12:37:07 am
article
views: 9
Simple (and not so simple), the Fed is backstopping stocks. (From CNBC) “The market knows that the job losses are self-inflicted due to the widespread shutdowns,” Bleakley Advisory Group chief investment officer Peter Boockvar told CNBC. “Thus, now that we are beginning the reopening process the market assumes many of these people will hopefully get …

You need to be logged in to share items to Gab.

Breaking
The woman with the cane suffered a fractured leg that required surgery....
The University of Connecticut cancelled its football season over coronavirus concerns, becoming the first program in the sport's top flight to spike 2020. ...

Donate to Gab with Bitcoin

Copyright © 2020 Gab AI, Inc.
Terms of Service
loading...