Founder of The Switzer Report Peter Switzer says the stock market “has roared back” after Parliament passed the government’s $130 billion JobKeeper package.
“The Dow four-day trading week has had the biggest gain ever, at one stage it was the best since 1938, but now it’s up 12.6 per cent in total, the best ever,” Mr Switzer told Sky News on Friday. “Part of the reason, is the stimulus packages in Australia and right across the world are extraordinary.”