morning after a mixed, shortened session on Wall Street Friday.
The Dow Jones Industrial Average rose 0.5% to 34,347.03. The Nasdaq fell 0.5% to 11,226.36. Long-term bond yields were relatively stable but still hovered around multi-decade highs. Wall Street gets several big economic updates this week. The Conference Board business group will release its November report on consumer confidence and the U.S. government will release its closely watched monthly employment report.
China’s infection rate has been lower than in the United States and other countries, but the authorities are facing rising resentment over the economic and human costs of the approach known as “zero-COVID" as businesses close and families are isolated for weeks with limited access to food and medicine.
These businesses do not if a damn about Americans
Another blow to retirement funds. People will have to work until they drop. Average cost of homes being in the 400,000’s and new car payments averaging $700/mo. Goodbye middle class retiree’s.
or shopping not so much
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