This Bull Market Isn’t as Big as You Think

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The stock market isn't quite as oblivious to economic hardship as you might think, argues jasonzweigwsj

The gap between Wall Street and Main Street has never seemed wider—but much of it is an illusion.

Since it bottomed on March 23, the S&P 500 has shot up almost 40%—the highest return over so short a period since 1933, according to S&P Dow Jones Indices. For the year-to-date, the S&P 500 is down less than 3%, counting dividends. Meanwhile, 108,000 Americans have died in a pandemic, 21 million are out of work and the country is seething with civil unrest.

 

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jasonzweigwsj If you trust the American stock market, you must be willing to lose big money.

jasonzweigwsj Yes it is. Wall St is no longer a place for public companies to obtain capital. There are now only about 3,500 public companies traded when it was 6,000+ just decades ago. The Day of Reckoning is coming for Wall St. Depend upon it WallSt

jasonzweigwsj Trump should be most grateful to Powell, he has, unwittingly, become,Trump’s greatest asset.

jasonzweigwsj 👍👩🏻‍🦰🐝🌴🏡🐎🌴⛱🌴🍹🌴🚀🥯🍌🏇🏻🏇🏻🏇🏻🏇🏻

jasonzweigwsj Fed market manipulation

jasonzweigwsj From my experience, very few people actually know the difference between a bull and a bear market, yet they speak about it like they’re economic experts. 🤷🏼‍♀️ Not everyone does, but most do.

jasonzweigwsj 경기도 파주 민통선 마을 투표소 혼외 유령 무료입장 DNA 인지 관건[문빗장과 자물쇠를 아울러 이르는 말.] '어떤 사물이나 문제 해결의 가장 중요한 부분'

jasonzweigwsj What Morons, PPP money paid employee's to do nothing. I had 8 weeks to spend the money. Now money gone so are the jobs. Restaurants are in bad shape. Real Bad. Rich crooks cashing in on hardship 13 mil people of work hooray!!

jasonzweigwsj Buenos días Venezuela Les recuerdo la premisa SI NO CAE GUAIDÓ, JAMÁS CAERÁ MADURO. Ténganlo claro, la única solución es EL ESTALLIDO SOCIAL NACIONAL. De resto Henry Ramos Allup seguirá girando dólares a los diputados, eternamente. No olviden seguir a Gori. HT ZELLE PAYPAL

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