Posted on 08/19/2020 7:13:20 AM PDT by JV3MRC
The Big Three’s ignorance of an astounding market rally reached a climax last night.
The S&P 500 closed at 3,389.78, breaking a record set at its February peak (3,386.15). It eliminated all of its losses taken from the pandemic-induced shutdown in the months after. The Wall Street Journal reported that “[w]ith just 126 trading days between peaks, the index makes its fastest-ever recovery from a bear market.” [Emphasis added.] The index’s recovery is indeed V-shaped. The Big Tech-heavy NASDAQ Composite stock index also rose 0.73 percent to close at 11,210.84, setting another record high of its own, according to Fox Business August 18.
ABC World News Tonight, CBS Evening News, and NBC Nightly News ignored the entire market story. They instead chose to do political PR for Democratic presidential nominee Joe Biden’s wife Jill, boosting her image prior to her speech before the virtual Democratic National Convention.
(Excerpt) Read more at newsbusters.org ...
But of course. They don’t want to report any good news, lest people give any credit to Trump or his policies.
The networks are enemies of the Republic, the American people.
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They're practicing willful silence, not ignorance...
More in kind contributions to the Biden campaign. FCC should get involved. By any measure a new S&P record is a national story. For all three to sit on it is collusion and a political act. It is not the first time.
ping!
Because the recent stock market reduction was promoted by democrats to get rid of Trump.
Trouble is the market is fairly overbought at the moment. Hopefully we can get a correction ASAP in order to have the market rising into November.
I plan on buying Tesla. Look at their chart.... zoom like their rocket. If only I had bought even 8 days ago! Up $500!
https://finance.yahoo.com/quote/TSLA/
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