Dow Soars Over 1000 Points Since Riots Started; Bonds, Bullion, & Dollar Dumped | Zero Hedge

KW: Been wondering whats going on in the markets? Well its brilliant news to have so much debt, riots and destruction of property, massive unemployment, police brutality, a virus that is still killing thousands every day the world over and to be living in la la land with fairies. When (if) the market returns to reality we may see logic and rational reasoning of depression times impact but when you can gamble in the biggest casino ever with trillions of free money it may be some time away yet. So far we have witnessed mere gyrations in the unstopable march upwards. Earnings and profits are no longer necessary

 

So there is this… Worst social unrest in 50 years (cops killed, cities burning, stores looted nationwide) Global Pandemic ongoing (some reopenings but 2nd wave cropping up) WHO sees no drug showing any efficacy in reducing mortality (but we rallied for weeks on vaccine hope) Economic collapse (no v-shaped recovery in any ‘hard’ or ‘soft’ data) Earnings plunge (recovery being pushed out) US-China tensions increasing

Source: Dow Soars Over 1000 Points Since Riots Started; Bonds, Bullion, & Dollar Dumped | Zero Hedge