Stock Market Booms While Americans Face Economic Disaster

[dmedin]

👍

 

[Kodiak]

Maybe the market pricing in Biden as president?

"Biden Urges Bigger Role for Fed in Addressing Racial Wealth Gap"

https://www.wsj.com/articles/biden-to-urge-federal-reserve-to-take-on-racial-wealth-gap-11595948475

"Research shows that stock ownership is highly concentrated among the rich, with the wealthiest 10% of US households owning 84% of all stocks in 2016,"

https://edition.cnn.com/2020/06/17/investing/stock-market-inequality-coronavirus/index.html

 

https://edition.cnn.com/2020/06/03/politics/black-white-us-financial-inequality/index.html

[dmedin]

https://uk.reuters.com/article/us-usa-economy-stimulus/desperate-americans-hit-by-pandemic-beg-congress-trump-to-pass-economic-relief-bill-idUSKBN26Y1AI