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S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,641.60
(
0.83%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
86.90
(
-0.50%
)
Bitcoin
55,369.10
(
-2.83%
)
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jumanji0881

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jumanji0881

Re: jumanji0881 post# 35501

Saturday, 07/11/2020 2:51:04 PM

Saturday, July 11, 2020 2:51:04 PM

Post# of 37920
A final comment from Noland -

That sick feeling in my stomach returned this week: this is out of control. COVID is out of control. Market speculation is out of control. And it’s this combination that recalls the unease I was experiencing back in February, as a speculative marketplace was content to completely disregard mounting pandemic risk.


My comment : At some point, economic stimulus will not be enough to override the economic fundamentals due to COVID.
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