Jimmy Higgins
Contributor
- Joined
- Jan 31, 2001
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- Calvinistic Atheist
NYC - NEW YORK -- The DOW rallied today after a convoluted obfuscation of a bad jobs report that indicated job growth in America slowed dramatically as the Covid-19 pandemic continues to spread and State Governments start struggling to slow it down. The required remediation efforts will likely slow the economies down locally. Investors immediately obfuscated the down turn meaning that a second stimulus bill was on the horizon despite the GOP showing little interest in providing financial backing to a stimulus bill large enough to address the significant economic troubles the US faces as it races to provide vaccinations to everyone in the nation. All of this also sidesteps the problematic expirations of evictions that could create a substantial hardship for many Americans, straining the economy even harder.
The rosy and irrational optimism of the investors helped send the market to a record level. It is expected that by Monday, this exuberance will be exhausted temporarily, and the market will drop several hundred points, because soaring back up upon more obfuscation and denial.
The rosy and irrational optimism of the investors helped send the market to a record level. It is expected that by Monday, this exuberance will be exhausted temporarily, and the market will drop several hundred points, because soaring back up upon more obfuscation and denial.