The market sticks to the seasonal script – holding November's gains, progressing in a slow grind rather than a vital burst.
Big Nasdaq names that rested for three months have perked up, the bond market is endorsing the rally with a steeper Treasury curve and tighter credit spreads and volatility continues gradually to re-approach "normal" levels.
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Pro to 'investors' - 'BUY! BUY! BUY! We need more bagholders! Economy is in a best place ever - on the middle of pandemic and Recession/Depression'
Pro Yes! Pump it up! Debt doesn't matter! Negative GDP doesn't matter! 20 MILLIONS unemployed doesn't matter! Economy is in a best place ever - on the middle of pandemic and Recession/Depression.