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Old 06-02-2020, 10:38 PM   #277
Edward64
Head Coach
 
Join Date: Oct 2005
I'm not going to complain and somewhat hopeful that we'll be back close to 30,000 by end of year.

https://www.marketwatch.com/story/am...?mod=home-page
Quote:
U.S. stocks haven’t flinched in recent weeks as the coronavirus epidemic claims hundreds of American lives daily, the U.S. and China standoff threatens global trade and civil unrest sweeps through American cities in response to the alleged killing of George Floyd, a black man, by Minneapolis police.

Though it may seem that any of these factors might put a dent in U.S. equity prices, analysts and investors interviewed by MarketWatch said that improvement in the COVID-19 health crisis and the of gradual lifting of related economic restrictions is enough to support stock prices in the face of largely non-economic protests and geopolitical conflicts.
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