U.S. stock futures rose Monday morning as the S&P 500 wraps up its best August performance since the 1980s.
This month's gains have pushed the S&P 500 to record levels, officially confirming a new bull market has started. The Dow, meanwhile, erased its 2020 losses on Friday, closing the session with a year-to-date gain 0.4%. We "had hoped that the market would consolidate its gains since March 23, giving earnings a chance to rebound," said Ed Yardeni, president and chief investment strategist at Yardeni Research, in a note. "However, Fed officials continue to drive up stock prices by committing to keeping interest rates close to zero for a very long time … Consequently, they are fueling the meltup in stock prices.
Not everyone owns stocks, has Bloomberg terminals, are day traders, have e*Trade accounts....sheesh...
Fuck Wall Street
How?
The rich get richer !
While the world is in poverty this rich company’s r getting richer. Shame
Time to tax all those exchanges
30 years ago was the Bush 41 economy which wasn't all that great.
I like the arm bands.
Biden and the dems will kill the stock market, destroy jobs and take away your rights... WAKE THE HECK UP AMERICA!!
Total disconnect between Wall Street and Main Street. 🙄
Who'd have thought if you print endless money that prices go up?
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