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‘Nuclear’ Stimulus Bombs, No Entry To China And The Dow’s New ‘Bull Market’

"It’s not even a bazooka", Jones went on to say. "It’s more like a nuclear bomb".

"It’s not even a bazooka", Jones went on to say. "It’s more like a nuclear bomb".
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4 comments on “‘Nuclear’ Stimulus Bombs, No Entry To China And The Dow’s New ‘Bull Market’

  1. But The Death Dip!! The spreading pandemic damage was at one point, the story most people were trying to process, but now, the biggest story is how to cash in on the virus. I guess a lot of credit can go to Trump for helping people realize that we have nothing to fear except not buying the dip.

    I apologise for my ongoing typo problems, while I’m adapting to the awful Android phone I got about 2 weeks ago. The spell checker, like so many smart features have left me with very little hair to pull, but I’m adapting. And I really miss being able to utilize Fred, as their app is as worthless as my phone

  2. And another thing:. Back of the envelope concept. We, as a nation, or world, simply ignore all the impacts of this little virus thing, none of this matters a bit. The outlandish overreaction to death and destruction we’re simply stupid and most people were idiots not to see the opportunity far earlier! In fact, now that a bottom is in and now that we understand that the early predictions of mega trillions in impact are not real, why is there any reason to not see the Dow blowing through 40,000 by Easter? By Christmas, God only knows that the Dow could be over like maybe 80,000, maybe more. And then, think what a Yuge friggin blowout during the tsunami wave of panic buying! OMG, the virus is a Godsend of economic wonders that no age before us has ever witnessed! Amen

  3. Tootalltom

    I suspect the bottom isn’t in yet. Maybe by a long shot.

  4. Only in America can the stock market rally 6% on the same day that historic 3.3M unemployment numbers 2-3X expectations are announced. Sure, production and consumption will be in shambles but just imagine what beautiful stimulus we’ll see later! 🙂 I don’t understand it at all which is partially what makes the story so interesting. At what point if any do results matter more than stimulus?

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