There is only one reason why. Because a $2.2 trillion stimulus was passed by
the US Senate. This particular $2.2 trillion was championed by Democratic
leadership in the US Senate and US House.
THE FINANCIAL MARKETS RECOGNIZE THE POTENTIAL PROFITS IN CONSUMER
SPENDING.
Now, there are problems with the fact the markets bailed out on the First World
countries that value them. Was there ever a doubt that at the very least that
the member countries of NATO would be coming forward with generous
legislature to care for their people. Not only that this dumping of stocks occurred
KNOWING the major banks in the First World weren't going to abandon them.
The financial managers that grabbed their mortgage money leaving the world
quaking have to be ashamed of themselves. I am ashamed of them.
The financial markets recognize the opportunity. That opportunity exists in the
USA in consumer markets. Every legislator that doubted for one minute in
protecting the WEALTH of the American people that work for a living should be
ashamed of themselves as well and only proves they know nothing about what
a REAL MARKET looks like.
I MIGHT ADD FOR THOSE SO INCLINED, TEH BEST TO BUY STOCKS IS WHEN
THEY ARE AT A LOW KNOWING IT IS GOING TO SHOW PROFITS WHEN THIS
VICIOUS VIRUS IS GONE.
March 26, 2020
US stocks (click here) finished higher on Thursday, recording their third straight day of gains.
Markets had already priced in the sharp increase in jobless claims reported ahead of the opening bell this morning, and stocks rallied throughout the day.
- The Dow finished up up 6.4%, or 1,352 points. The index has emerged from the bear market it fell into on March 11, having climbed more than 20% since Monday.
- The S&P 500 closed up 6.2%.
- The Nasdaq Composite rose 5.6%.