President Donald Trump said in a tweet that negotiations are "getting along" and CNBC's Ylan Mui reported the administration has offered a larger aid bill to Democrats. To be sure, Senate Majority Leader Mitch McConnell said it is "unlikely" that a deal will get through in the next three weeks.
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Then nothing happens.......crash.
What do these floor traders even do nowadays? That’s the more serious question.
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Stock market live updates: Stocks rise, Pelosi knocks idea of smaller aid package, IBM risesThis is CNBC's markets live blog that will be updated throughout the day. then why do stocks rise for no reason? what a bubble This is the reason. SHAMELESS
Source: CNBC - 🏆 12. / 72 Read more »
Trump stock market soars — and wealthy reap gainsTrump regularly promotes the soaring stock market as a barometer of the economy's health. But the wealthiest 1% own 50% of the value of stocks held by individual households. On Nerdcast, vtg2 explains how this gap is fueling a lopsided economic recovery vtg2 A majority of Americans now have 401K's. We are ALL investors. Politico, you can do better reporting than this. Please send the reporter on this story back for a refresher on journalism 101. Report on data , not opinion! vtg2 And how the 1% take everyone else money when the stock market crashes and they buy everything up at the bottom. 401ks benefit the 1% more than those who use them as a retirement plan. Just another way to transfer wealth on the cheap. vtg2 This says more about our past administration's than about Trump. I mean if we are talking real economics here
Source: politico - 🏆 381. / 59 Read more »
Stocks Rise as Trump Appears to Soften Stance on StimulusU.S. stocks climbed Wednesday after President Trump appeared to soften his stance on a further stimulus package for American households, airlines and small businesses.
Source: WSJ - 🏆 98. / 63 Read more »
Regeneron requests emergency approval for antibody treatment taken by Trump; stock rises 4% in pre-marketRegeneron requests emergency approval for coronavirus treatment taken by Trump I smell a scam.....this seems like co-ordinated conman scamming I hope it will be free. It’s super expensive and lots of people do not have medical insurance. Would it even be covered? We are in an emergency. If this moves it forward and Trump is willing to be early volunteer, it’s a good thing.
Source: CNBC - 🏆 12. / 72 Read more »