...then the riots started
Unexpected</s>
I’ve got to go home tonight and check my 401K.
The market investors factor everything in to collectively figure out the value of the market. These are great economic numbers considering all the Wuhan Virus damage, but I have to think investors are also happy that public opinion is turning strongly against the rioters and looters, hence better odds for Trump in the upcoming election.
Watch the spin by democrats. These jobs gains, were jobs that were never lost and were on hiatus, according to democrats. Yet, the millions of jobs being lost during the pandemic were the result of Trump’s clueless economic policies; according to democrats.
The good news in all of this that when Trump began his live speech this morning the Dow was up 2.43%. It has continued it climb during and after this speech. But let’s don’t be too optimistic, there could be some short-term profit taking this afternoon.
One stock I jumped on back in March was CBRL.
They said today 70% of their laid off workers are back on the job.
Erasing losses on last three months, heading in the direction of February’s highs.
Now then, this appears to be based on expectations more than companies financial results, so holding the gains will depend on performance over the next few months, or some of the gains will be pulled back.
Now that everyone realizes the lockdown was a hoax, they will be going back to work.
Anyone arrested for looting our cities should not be hired until they’ve had sensitivity training. Same with antifa. If their liberal ‘elite’ parents throw them out of the basement or quit paying for their 20 year ‘college’ experience
.
Let the psychopaths who burned our cities get ‘job training’ instead.
There’s hundreds of rip off ‘job training’ non-profits in the black community... that’s where these people belong.
Damn it anyways. This market just refuses to correct.