The US economy is collapsing as never before. More than 30 million Americans have filed for unemployment. Millions of small businesses have requested forgivable loans to stay alive. And US GDP could decline at a breathtaking annualized rate of 40% during the second quarter. And yet the stock market is racking up massive gains. Even after retreating on Thursday, the S&P 500 spiked 13% in April. It was the best month for US stocks since January 1987.
Fauci said on CNN's town hall Thursday that"if everything falls into place right" there could be a vaccine by January, though he also warned there are a"number of situations that could go wrong."Markets rallied this week after Fauci announced promising results for remdesivir, an experimental coronavirus treatment made by Gilead Sciences . However, medical experts and Wall Street analysts cautioned that remdesivir is far from a cure for the pandemic.
Not so easy to collaps. It's still the strongest in the world. Just, it could be better.
It is because Trump has given out huge money to support the big corps.
How about the Government getting 650 Billion in this last bill Congress passed. Where is that going to go?
Because they know this is a political ploy perpetrated by the media and the democrats hoax
Nationwide lockdown= THIS
CNN: no one can go back to work or we'll all die!! Also CNN: we're having a jobless recovery!
Hold onto your seats The ride is far from over & it will be a roller coaster For months, many months Hopefully we can put the continuing effects of COVID19 behind us by 2021 Suspect COVID19 will be with us but impact on the markets will be minimal
CNN loves this! They want nothing more than Americans to suffer, solely because that bitch STILL isn't our President. MAGA
Poor CNN. It's not working out for your plan, with the rest of the Globalist.
CNN helped cause this by all of the communist news
Since the fed “watchdog” we were told would overlook the distribution of the stimulus funds clearly doesn’t exist, the media needs to cover EVERY public company that took government assistance yet continued to pay out dividends and exec bonuses. Guarantee that is happening
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »