'Rally of hope': Why the S&P soared back past 3,000

Flags hang on the outside of the New York Stock Exchange as the building opens for the first time since March while the outbreak of the coronavirus disease continues in the Manhattan borough of New York, U.S., May 26, 2020. REUTERS/Lucas Jackson

It has been fueled by extraordinary interventions by the Federal Reserve and other central banks, a $2 trillion stimulus passed by Congress, and hopes that the rapid development of a vaccine will mean that the worst of the damage from the global economic freeze has passed. The market spike has come against a devastating economic backdrop. The U.S. economy lost 20.5 million jobs in April, the most since the Great Depression. [nL1N2CP2KQ]

It closed below 3,000.

All we need to do is buy stock and make money. Why do we need to work? Remember the Fed got our back!

It’s called disconnect.

'Rally of the disconnected and privleged'

Why... 1- the federal reserve is buying junk bonds, municipal bonds, corporate good bonds, slot of crap is being weased erase off the books... makes equities look better, but now there ZOMBIES. Theres no demand for products substantial to bring in cash... alot of DEBT STILL.

This stiles fear in you that is visceral

Staying positive in this time will be key !

Closed below. Not what I would call soaring

Memorial rally of the deceased market economy.

Meanwhile, 40 million Americans are out of work. Something isn't quite connecting here.

SmokeAndMirrors

'Rally of hope'? Are you for real? 'Rally Of Dead Bodies Feeding The Insatiable Dow' is more like it. Disgusting.

Hot money from Hong Kong 1) HK officials divesting , 2) 🇨🇳 Regime leaders & officials liquidating siphoned funds 3) foreigners liquidating assets, 4) billionaires from HK, 5) rich citizens from HK.

Because normalizing human sacrifice is how we are going to 're-open'.

Why? The Fed...that's why....

Fake news...I saw this in Trading Places....where is Eddie?

Because people are playing with numbers and creating false indexes.

Cuz its all a scam and fake money. Gotta boost it up before selling it off.

You mean today's 'sell off' of 'no hope'

Black Thursday is Coming! Say Your Pray !

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