Global Stocks Gain on Stimulus Hopes

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Investors are betting that rate cuts and government action will be able to cushion the impact of the coronavirus epidemic

By late morning in Hong Kong on Tuesday, Australia’s S&P/ASX 200 shot up 1.5%, and South Korea’s Kospi advanced 1.1%. Japan’s Nikkei 225 reversed early gains to trade flat.

 

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No, they’re betting that it will boost the prices of stocks.

What impact? It milder than the flu. Stupid hysteria will make them richer.

Yea that's great just keep the money printing going too. God forbid the market actually corrects for more than a week. Keep pumping I'm sure the rich need it and the rest of us can enjoy the sky high inflation. S&P 3500 by end of week right?

Wait till we are at zero interest rates. Then the feds will print pigs, just to see them fly and cure everything.

Great idea, more National debt...digging the US into a deeper abyss. Waiting for the Democrats to come back and fix the mess. The rich are saved but the majority of America suffers. SAD

Hysteria subsides.

Lulz

Too bad us investment managers aren't.

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