Lucas Jackson | ReutersThere are many uncertainties in the market right now — President Donald Trump's health condition following his Covid-19 diagnosis, the upcoming presidential election, slower-than-expected jobs growth in September, an uptick in coronavirus cases — but Wall Street strategists say that stocks continue to climb higher based on expectations that Washington will reach a deal on further stimulus measures. If an agreement is struck, stocks could break out to the upside.
"In the near-term, we need stimulus. That much seems clear," said Peter Tchir, head of global macro strategy at Academy Securities.
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Pro Fools
Pro What’s the market going to do today? I’m thinking -1,234
Pro Stock are rising because Trump is overcoming once again.
Pro Great! Now u gonna keep talking about his financial disaster? Tax fraud? DIL sexual Predator? Son's pending indictment? Where is DJT getting his cash from to make million dollar interest payments on personal loans to foreign banks? Pensions? Stock Market? Where? Ask! DoYourJob
Pro
Pro No stimulus
Pro The conserted efforts of politicians, bankers and media personalities, often coordinated together, to keep this market high has been exposed... and will lead to a lot of financial pain for America. cramerbubble
Pro Some good POTUS bashing this morning you hacks. LiberalismIsAMentalDisorder
Pro You don’t say so 🥴🤔
Pro
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