Bad News causes Stock Market Record (General)

by dulan drift ⌂, Monday, February 08, 2021, 19:52 (1172 days ago) @ dulan drift

"Wall Street hit fresh records on Friday amid speculation that a disappointing US non-farm payrolls report would dial up the pressure on Congress to approve President Biden’s $US1.9 trillion ($2.47 trillion) fiscal stimulus plan." (paywall)

So bad news increases the chance of printing more money - which is great for the stock market!


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