Thursday, June 04, 2020

DOW CLIMBS UP ANOTHER NOTCH

by Bob Walsh

Yesterday the DJIA closed above 26,000 for the first time since the plague struck.  That isn't unrestrained wonderful, but it isn't too shabby either, considerign it bottomed out at 18,000 and some change from a high of over 29,000.  The stock market does not seem overly concerned about the current wave of riotous bullshit across the country.
 
EDITOR'S NOTE: What really counts is the number of unemployed and that number is staggering. 

1 comment:

Trey Rusk said...

The stock market has already returned any losses for most. People will return to work when the unemployment stops. Right now there are people making more on federally subsidized unemployment than they were making before the COVID19 began. It will end in July.