How stocks surged 75% just one year after the depths of the Covid selloff: CNBC After Hours

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Did the Federal Reserve's sweeping response to the coronavirus pandemic help markets and the economy bounce back? BobPisani explains.

Plus, Leslie Josephs breaks down the strengthening demand in airline travel and the upcoming elusiveness of dirt-cheap fares.The S&P 500 bottomed on March 23, 2020. From the mid-February 2020 high to that bottom, the S&P dropped 34%, its biggest drop since the 50% decline in the Great Recession.

The Great Recession, of course, was a different kind of disaster than Covid, but the speed of this recovery was nonetheless breathtaking.Thinking about finally taking that vacation? You're not alone. As more people grow confident that the threat of Covid-19 is fading, it's becoming harder to find the rock-bottom fares, some in the double-digits, that airlines offered when they were more desperate to fill planes. Hotel rates are also ticking up.Microsoft is in talks to buy messaging platform Discord for more than $10 billion, Bloomberg News reported, citing people familiar with the matter.

 

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Traveling is still one of the top Covid-19 exposure high risk activities.

5%

thanks

A Call to Protect the Nature! Thread:

So, the very same companies laid off flight crews without any support and even got financially bailed out by the government using tax payers funds, wants to increase ticket prices now that people are vaccinated?!!

horrible

Because of Politics We can be STOLEN from in Camp Spuja to Montenegro... It is don't turns out Slandered and Poisoned Us. For more than 2 years EU does not react to us!! EU News All Day Advertise human rights EU is Waiting for Montonegro to Pack and Send Us home to DEATH!!

FIRST MASK THAN VACCINE ALLOW ARMY/POLICE WITH FULL POWER WITHOUT INTERFERENCE NO APPEAL NO VAKIL NO DALEEL IF REALLY WANT TO CONTROL CORONA MAY BE AFTER 30 DAYS INSTEAD OF 4 L MAY BE 40TH/4TH/4H/4/N 100% CORONA CONTROL 30 DAYS CHALLENGE NO ONE SHOULD WITHOUT PROPER MASK

Is it possible to find a good guy on Twitter?

$UAL is the moving so much more upside compared to the rest and international and business is at $0 right now. If you bet on that part of the recovery you up side in this market is incoming all time high for United. $100 stock

Inflation is a bitch, hedge it w dogecoin

THE CARGOBIN OTW TO THE LIFT

BobPisani When they raise interest rates forbearance ends and unemployment check stop ho boy Just remember it was the plan ENDTHEFED 🍿🍿🍿🍿

No kidding Sherlock...supply and demand...you guys keep promoting stupid articles

BobPisani absolutely

BobPisani No, of course not, fed had zero impact on mrkts. 😐🤬🤬. Send free money to ppl, argue economy is bad because employers don’t have anyone, fed policy wonks “we need more!! Save e economy!!!” Wth!? U ppl are stupid for not raising red flags!!

BobPisani DogeDay420

BobPisani No....it brought the economy out of a coma....The patient is still critical.

BobPisani We'll let you know in about 5 years.

BobPisani pattersonrac

BobPisani While others just “talk”about the gains I actually show you. Check my Instagram for more gains

BobPisani bobpisani going from 'stock market is not the economy' to 'the economy recovered as the stock market is up' .... so which one is it?

Cheap airfare? Really?

Not yet....

BobPisani Very true. Still makes me sick though.

nice

BobPisani Feds are just a ponzi war lords creating the 1%. They should be limited in power and how much bonds they can buy. They are created non stop bubbles past 20 years. Get rid of them.

BobPisani *Under Trump/Pence, due to America First policies, over the first three years of his Presidency, an average Family enjoyed an annual income increase of SIX THOUSAND FIVE HUNDRED($6,500). THAT IS FIVE (5) TIMES THE GAINS IN ALL EIGHT (8) YEARS OF THE BIDEN/OBAMA ADMINISTRATION !

BobPisani *Under Trump/Pence, over first three years, USA increased Economic Activity by 17%, increased Federal Revenue by 4% and reduced Carbon Emissions by 14%. NO PARIS ACCORD SIGNATORY COUNTRY CAN MAKE CLAIMS THAT COME EVEN CLOSE.

BobPisani According to the Bureau of Labor Statistics, the country's unemployment rate dropped to 3.5% in fall 2019 — the lowest rate in about 50 years, since December 1969. UNDER TRUMP, THERE WERE MORE GOOD PAYING JOBS THAN APPLICANTS

BobPisani TRUMP, THE GUY gets hospital ships readied in 1 week gets temporary hospitals built in three days. gets auto industries to build ventilators gets vaccines at warp speed put together logistics for vaccine distribution built economy that withstood pandemic

BobPisani THANKS TRUMP, FOR CUTTING CHOKING REGULATION AND ORDERING THE VACCINES FROM MULTIPLE PHARMA COMPANIES AND PAYING FOR THEM TO BE MADE BEFORE IT WAS KNOWN WHETHER THEY WOULD WORK, GIVING US MILLIONS OF DOSES YEARS IN ADVANCE AND FOR LETTING JOE AND KAMALA TAKE ALL THE CREDIT

BobPisani Obviously, the expression you are avoiding is 'another Fed bailout' of American credit and equity markets.

BobPisani Nope. This is the only time we can all agree on what caused an economic downturn. Everything was booming before, so now we reopen, it makes sense we boom. Why change anything now?

BobPisani Can we go somewhere today?

BobPisani No it just made millionaires more wealthy not main street

BobPisani One word Trump 🇺🇸🇺🇸🇺🇸🇺🇸

BobPisani I'm proud to say I'm among the people benefiting from trading, I got another $71,600 from an investment of $12,300 all thanks to Mabel_FX111. Contact her now. You aren't sending money to anyone so don't be scared!!

Nothing but Saline

There has also been found that many medical clinics that have been selling the shots to get a profit from the vaccinations yet with many states not getting to many places . And that local pharmacies have gotten involved is check to make sure that they are not charging .

I AM JESUS ​​CHRIST !! THIS IS THE LAST GENERATION. 'I WILL JUDGE THE WORLD' I HOPE YOU BELIEVE BECAUSE I HAVE THE BIBLICAL SIGNS 'THAT JESUS ​​WOULD HAVE WHEN HE CAME BACK'. WHO IS EVIL, BECOME GOOD! AND WHO IS GOOD CONTINUE. WE ARE IN THE APOCALYPSE IS THE END

Thank you for saying pandemic and coronavirus so many times that I stopped listening to news!! I just stop by here to tell you guys how much bullshit you’re full of, and used this post to do so…Google fairness doctrine, and live up to it without it being a law

Don’t forget to let us know too when you will engage in media manipulation of a stock so I could buy some puts. FF’s!

BobPisani Federal Reserve buying Apple bonds really helped restaurant worker that got laid off 🙄

BobPisani Are you kidding me? Stocks were overvalued in early 2020 and the Fed has just made it that much worse.

BobPisani Stop the argument the job looses was all time high before the 3rdstimulus and poor vaccine roll out. 1st and 2nd stimulus didn’t benefit the poor. Vaccination roll out and 3rd stimulus just swerved this economy from deep recession

Just an excuse to hike prices. Buy airline stock. IAG.L for european and worldwide..trending £700 for years and yeasrs now £200. 3-4x multiplier over 2-3 yearsr

PM me if you’re interested in earning $105 by online trading daily, PM me if you have a phone or PC let’s go ✅✅✅

BobPisani It definitely aided the asset bubble but it further distorted The US Economy!!

BobPisani No it didn't help the economy bounce back. But, if you brainwash people with stories saying it bounced back, many of them will believe it.

BobPisani SMARTY

BobPisani hahaha trust the fed who will you blame for the massive inflation? trump ok boomer

Revenge spending will keep the airlines alive. Who doesn't want a getaway?

BobPisani

BobPisani Compliments to FED for all liquidity that turned StockMarket into the biggest CASINO in the world! FED's primary focus now is to remain very accomodative to ensure CASINO is working smoothly. FED - 'Our mission is to ensure smooth maket functioning for the top 1%'

BobPisani What caused the economy to collapse was too much company debt and all these derivitive’s side bets. Talk about American Greed!

Wouldn’t it be great (smart) if we made “Election Day”, Presidents Day !! ? A National holiday, where everyone is off work and paid for the day. No absentee ballots unless you’re handicapped. Signature verifications and picture voter ID a requirement ?

BobPisani DMX APRIL FOOL'S

BobPisani The economy was in the shit and it needed an excuse to roll out trillions that would get passed . Covid was a blessing to the fed and excuse ! Print print print , trillions that never would have been done .

BobPisani PM me if you’re interested in earning $105 by online trading daily, PM me if you have a phone or PC let’s go ✅✅✅

BobPisani U UNDERSTAND

Everyone who is serious about BoycottMLB watch this video.

Yes delta is already back to normal shit charged 75.00 to take an earlier flight .

good

PM me if you’re interested in earning $105 by online trading daily, PM me if you have a phone or PC let’s go ✅✅✅

BobPisani Yeah, I guess we're in the clear now.

BobPisani Is it possible to find a good guy on Twitter?

BobPisani No, they helped fill the pockets of the already-rich.

BobPisani no

BobPisani Make those fucking bankers work 7 days a week!

BobPisani gee Bob, ya think? lol. good lord

BobPisani Yes.

BobPisani DUH!

The rich will be fine, don't fret.

Travel agencies, airlines, airplane producers and on those who travel are destroying our planet/climate.

Good. We all know the types of people who travel during a pandemic when flights are cheap

BobPisani The plan worked perfectly. Bail out Wall Street and the Banks, make sure the 1% are richer than ever, crush the middle class and stomp what’s left of the poors and minorities into the dirt. Beautifully executed Jerome, you may have finally achieved the end game in only a year!

BobPisani 😂 ya think

How many billions in bailouts did the airlines get? $50 Billion or so? They need to pay that back or else be Nationalized. The time is coming where there will be no other choice. Climate Chaos by 2050 will be ten times worse that CoVid if not hundreds of times worse.

Ummm Disney is probably number one destination

Is it possible to find a good guy on Twitter?

GREED!

BobPisani is this a rhetorical question?

BobPisani Hell no, the stock revolves around my stance which doesn’t fit well to the pandemic Haa cz it’s suppose to be paid off 1995

BobPisani It was Alllllll because of Joe!! The market loves vegetables!!!

BobPisani Idk what do you think?

They should schedule covid flights and vaccinated flights. Let the un-vaxxed and anti-vaxx travel together.

this is terrible news

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