General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDow Futures Are Up 150 Points
I really don't see why we need to reopen everything, when the economy is doing so well, and large corporations are so bullish.
It's obvious that all the stuff we're used to, like Tourism, Hotels, Sporting Events, Concerts, Theater, Movies, Amusement Parks, Cruise Ships, Airlines, Indoor Dining, are not vital at all to a healthy functioning economy.
Wall Street is telling us this. So there's really nothing to worry about, we can continue this path for quite awhile before investors and CEO's start to worry.
liskddksil
(2,753 posts)and are suffering right now.
sfstaxprep
(9,998 posts)I'm just referring to the stock market. I understand there are many in those industries suffering. It's the market that doesn't seem to care or notice.
Disaffected
(4,569 posts). v low interest rates with no sign of rising any time soon
. Trump et al goosing the markets through massive corporate tax cuts and other incentives
. anticipation of an effective vaccine and/or treatment for Covid
. the usual piling on/"irrational exuberance" experienced in most long-term bull markets
Not because of the factors you cite. If we don't get all or most of those sectors open soon, the markets could drop as quickly as they are rising.