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The S&P 500 edged up 0.2% in early New York trading, suggesting the stocks benchmark may start the new quarter where it left the old one. The S&P 500 on Tuesday completed its biggest one-quarter gain since 1998, capping a rally fueled by the Federal Reserve’s aggressive support for financial markets and signs of an early recovery in economic activity.
Never seen such a large disconnect between the real economy and Wall Street. When the stimulus checks dry up in July we will see the real effects of artificial inflation!
June ADP: 2.37m private jobs Revised ADP May: UP big to 3.07m USMCA starts today! More Jobs coming to US, Canada & Mexico as WE reduce our dependence on China! WOW. Trump's team once again .. ahead of the curve. US IT is NOW protected with USMCA. This is BIG.
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Stocks are not the economy.
Somebody is fudging the books.