So why is the stock market in the crapper and can’t even hold the gains made?
Because the stock market is an indicator of the international financial/investment sector which likes cheap slave labor, "free" trade( f--- trade) and open borders. It is not an indicator of the US economy. What is good for the US worker is not good for globalist fat cats.
One reason is that the stock market does not like tariffs.
The stock market is not the economy.
Democrats coming in to congress.
Investors know, at least knowledge ones that the “economy” is not the stock market.
The stock market is forward looking and factors in as a negative the just elected Democratic House.
The stock market is forward looking and factors in as a negative the just elected Democratic House.
Doing OK today:
DJIA 24,619.71 +333.76 (+1.37%)
NASDAQ 7,057.31 +118.33 (+1.71%)
S&P 500 2,667.65 +35.09 (+1.33%)
Russell 2000 1,508.13 +19.45 (+1.31%)
Time (ET) 11:23:39 AM