Tottering through the Storm
Degenerate Business School
English - April 04, 2020 21:00 - 27 minutes - 18.8 MB - ★★★★★ - 16 ratingsInvesting Business News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Don't let the Bear rally fool you
Next Episode: Why the Stock Market is Defying Gravity
The Bear Rally falters as even the Trumpus admits that plague has come to America.
The S&P sheds 2% as the jobs report signals the largest spike in employment since 1975 and unemployment claims reach stratospheric levels.
But given that the world is ending, the market is still hovering below 2,500, where it was at the end of 2018. What gives?
A cocktail of Federal Reserve intervention, news of the flimsiest Oil cartel in economic history and willful ignorance.