Two items – as we watch – astounded – as the Dow climbs more than 200 points.
Sure, sure…rally on any hint of hype on a furtherance of unemployment bennies and such.
But, are we the only ones to understand there are only two places such money can come from?
Higher taxes OR we Make It Up.
You would buy a stock that pays no dividends and is only a speculation that a larger fool will be along to buy it later? Well, have fun with that…
The Other Reading Deficiency
Even you you-know-WHO is saying it now:
“WHO says there’s no ‘silver bullet’ to defeat coronavirus and ‘there might never be’.”
Classic “Markets in Denial!”
Remedial reading lessons to follow.