S&P 500 posts best week since 1974 as new Fed stimulus offsets historic unemployment filings | Markets Insider

'The great unwind': A hedge fund chief overseeing $2 billion explains how a ripple effect could take down the housing market — and warns 'we're just at the beginning'

"Main Street should be feeling a slight sense of relief today," Seema Shah, chief strategist at Principal Global Investors, told Business Insider."The latest measures emphasize how committed the Fed is to providing relief and economic support where they can, stretching outside the typical toolkit in order to deliver assistance."6.

"The catastrophic scale of the COVID-19 crisis is even more apparent," Ron Temple, head of US equities at Lazard Asset Management, told Business Insider."While the Fed has acted quickly, it is critical that the fiscal stimulus in the CARES Act be delivered immediately and be of sufficient size to support the economy."

Stocks gave up some gains in afternoon trading when Democrats in Congress moved to block an $250 billion in aid for small businesses. The plan had been unanimously put forward by Senate Republicans.

The markets create an illusion. This is not the reflection of reality after the corono shock.

DukeandDuchessofCambridge and video called pupils at Casterton Primary Academy in Burnley. KateMiddleton opted ..

Sigh...

Stocks = casinos.

Cause of our transition with China the 1trillion USD we gave them in the Corona Bailout.. & the lawsuit that’s being brought to the UN for the release of the corona virus 26Trillion.. the dollar is on the gain.. we just need people BACK TO WORK

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S&P 500 jumps more than 1%, capping off its best week since 1974All major indexes closed in positive territory, wrapping up a big week of gains. The S&P 500 gained 1.4% while the Dow advanced 281 points, or 1.2%. The Nasdaq Composite closed 0.8% higher. So, one can buy anything but the stocks are up.. yeah makes sense... I'm old enough to remember the free market. ok ok
Source: CNBC - 🏆 12. / 72 Read more »

Dow climbs 500 points as new Fed stimulus offsets historic unemployment filingsUS stocks climbed on Thursday, continuing Wednesday's gains, as the Federal Reserve announced an additional $2.3 trillion in aid to businesses and governments. Completely manipulated
Source: BusinessInsider - 🏆 729. / 51 Read more »

Dow climbs 500 points as new Fed stimulus offsets historic unemployment filingsUS stocks climbed on Thursday, continuing Wednesday's gains, as the Federal Reserve announced an additional $2.3 trillion in aid to businesses and governments. Completely manipulated
Source: BusinessInsider - 🏆 729. / 51 Read more »