Global stocks jump as analysts say widespread protests in the US will have 'little to no effect' on markets | Markets Insider

Investor optimism has been fueled by economic reopening and a decline in new coronavirus cases in recent weeks, butProtests started last week afterwhile in police custody in Minneapolis. Floyd became unresponsive when a police officer knelt on his neck for more than eight minutes last Monday.

Zach Abraham, chief investment officer at Bulwark Capital Management, told Markets Insider that the US protests will have"little to no effect" on equities. Moreover, the protests could"possibly be considered bullish as they would only serve to increase federal spending and government intervention," Abraham said.GOLDMAN SACHS: Buy these 25 beaten-down stocks all poised to jump more than 18% from current levels

"Other than insurance and possibly reinsurance, the protests themselves should not directly impact financial markets," he said.

The most disturbing post by Business Insider

Lol but of course. How much more do we have to see about the market so that we see that it never represented the economy?

Sounds to me like y’all are supporting The rioting with this picture I know this picture looks like peaceful protesting but wait till I gets dark

Think about it we got to get the money from somewhere to rebuild anyway so Yall don’t know what you’re talking about.

KyleKulinski what a joke

Evidence the stock market has little in common with REALITY.

It seems even if an atomic bomb were dropped on America the market would still be up...

Almost like it a bubble created by the fed and completely detached from reality...

Translation: Analysts say newly printed Federal Reserve notes have to go somewhere.

BTC!!!

Buy buy buy

Then this should be the next evolution of the protest. Make it affect the markets.

Are they totally disconnected from average everyday person?

Any hot tear gas manufacturers to lay shares on?

Of course. Fed goes brrrr

Well that's the main thing in all of this 🙄🖕

Bs

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