Stocks Add To Record Gains–Again–Despite Disappointing Jobs Data As Market Looks To Biden’s Stimulus Plan

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With Democrats in control, Biden's reportedly drafting up an ambitious relief plan that includes $2,000 stimulus checks for qualifying Americans.

The economy lost jobs in December for the first time since April, but the three major indexes are tacking on to their Thursday record closes as investors eye President-elect Joe Biden's economic revitalization plan during his first 100 days in office.... [+]

in December—much worse than economists expected and marking the first monthly decrease in employment since the pandemic forced millions of job losses in April. Bitcoin, meanwhile, continues its massive ascent, pricing in at around $41,260 Friday after breaking through $40,000 Thursday afternoon; the price has more than doubled in less than one month as heightened government spending reinvigorates concerns that inflation could tank the U.S. dollar.

 

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That’s because it’s fake...

things that can drive the market up...stability, certainty, reasonable policies...welcome Mr. Biden!

Trading bots outta controll!

I deserve more! I want to speak to Biden's manager!

This is the markets saying 'buh-bye' to Twitler

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