FrankCNBC Here for the corporate porn on this wonderful Monday morning.
FrankCNBC Of course. They are not complaining. Benefiting from the pandemic
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Stock futures point to modest Wall Street gains ahead of big retail earnings weekU.S. stock index futures indicate Wall Street will make moderate gains on Monday as retail earnings queue up and with housing data in the offing. 1,150 Americans died of Covid-19 yesterday. wow i guess all you have to do is have 170,000 people die and close most businesses and the dow will soar ?
Source: Reuters - 🏆 2. / 97 Read more »
Dow futures inch higher as Wall Street investors search for fresh stock-market sparkU.S. stock-index futures hover near the flatline on Monday, with the S&P 500 index hanging around record territory but finding few reasons to trade higher...
Source: MarketWatch - 🏆 3. / 97 Read more »
Why the stock market is divorced from the pain of a pandemic economyFor many Americans, the pandemic-induced financial crisis has brought an onslaught of economic pain not seen since the Great Depression. CHAZ doesn't count as a shantytown Many Americans didn't get checks and unemployment. Everytime you interact with an 'essential' worker show some empathy. They got screwed.
Source: ABC - 🏆 471. / 51 Read more »
The stock market is too optimistic about a quick economic recoveryOPINION: Everyone wants a quick V-shaped economic recovery from the global pandemic. That's not going to happen. The likeliest winners of our gradual recovery will be patient, long-term investors willing to ride the waves. GeneralStrike Willing is not the criteria. You need to be financially capable of 'ride the waves'. It's already happening, many in the the doom and gloom crowd are very upset and almost bankrupt from shorting this great rally. Good!
Source: MarketWatch - 🏆 3. / 97 Read more »