Saturday, 8 August 2020
Just About Everything Else Is Flying
You see, it’s not good enough for the Nasdaq to gain 2.5% for the week—and break a big round number in the process. Nor is it good enough that the Dow Jones Industrial Average rose 1005.16 points, or 3.8%, and the S&P 500 gained 2.5% to finish the week just 1% off its all-time high. There must be a reason for stocks going up, something that can explain why the market continues to be so strong given how bad the economy is.
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