The Second Great Depression: Massive Economic Dislocation As Unemployment Hits 41 million, 25% Unemployment

thank a democRat

What Depression? Stock market is record highs WOOHOO!

China says America's depression will be gone in 2 weeks

[link to www.politico.com (secure)]

Why Main Street is suffering while Wall Street is soaring



References to “the stock market,” although common, are a little misleading in that the market is not a singular entity. Traders and investors follow the movements of the three major indices — which comprise only a small fraction of the number of public companies operating in the United States.

In terms of value, though, the companies comprising the indices are heavyweights: Apple, Alphabet, Amazon and Microsoft, for instance, all have market caps topping $1 trillion each.

Aside from their size, the types of companies that dominate the S&P, Dow and especially the Nasdaq are contributing to their current buoyancy. The recent market surge has largely been propelled by rising shares at a handful of gigantic companies, from tech giants to Walmart and Johnson & Johnson — all companies whose products and services have been highly in demand as Americans stocked up on essentials, battened down the hatches and stayed home.

[link to www.nbcnews.com (secure)]

Thank COVID-19 and the commander-in-chief who was responsible for making an early, swift and effective response to it.

That is what voters will be thinking of in November.

JAKE NEWS LIES AGAIN

Citing a Politico article that makes no mention of China whatsoever.