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Asian shares jump after Dow sees biggest gain since 1933

Discussion in 'Coronavirus (COVID-19) News' started by Bluesguy, Mar 24, 2020.

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  1. Bluesguy

    Bluesguy Well-Known Member Donor

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    This just shows that there is capital LOTS of capital out there that is begging to get back into the market and what just mere confidence we are going to beat this can have on the economy. This just shows that the Dems need to get over this inane argument that whatever we do it must help individuals and not business. Their plan is just make people dependent on government instead of getting them back to work EARNING their own way and paying taxes. Just think if they had not starting obstructing the aid package last Friday and had shown the market yes we can get things done and not try politicize. Just think if the left and the MSM was on a constant blame Trump blame Trump and disparage our efforts and instead reported the good news we have had recently.

    Dow has best day since 1933 as Congress nears deal on aid

    NEW YORK (AP) — The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal on Tuesday to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus.

    The Dow burst 11.4% higher, while the more closely followed S&P 500 index leapt 9.4% as a wave of buying around the world interrupted what has been a brutal month of nearly nonstop selling. Investors released some frustration that had pent up over days of watching the Senate stalemate over the crucial rescue package.
    https://apnews.com/44594c5f80e50524cd6325c00a2da0bd

    So how about stopping the obstruction and constant bashing and give the country some hope?
     
    Bluesguy, Mar 24, 2020
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  2. Paul7

    Paul7 Well-Known Member

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    Unlike 2008, this is a fundamentally strong economy, the best in the world.
     
    Paul7, Mar 24, 2020
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  3. Libby

    Libby Well-Known Member

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    And we have Trump at the wheel as we rebuild, instead of Obama. Thank God!
     
    Libby, Mar 24, 2020
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  4. AmericanNationalist

    AmericanNationalist Well-Known Member

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    Pelosi's stunt, and the typical preference for an incumbent will lead to another victory for the President in November. It's true that the President isn't the most popular dude out there, which makes it hilarious and stupid that Democrats keep pulling stunts that are not popular.
     
    AmericanNationalist, Mar 25, 2020
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  5. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    I bet the day traders are just going nuts right now with these fluctuations. Prolly a great time to dial in the ol' algorythms.
     
    modernpaladin, Mar 25, 2020
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