Posted on 10/16/2018 5:23:52 PM PDT by John W
New York (CNN Business)Corporate America is coming to Wall Street's rescue.
The Dow soared 548 points, or 2.2%, on Tuesday as investors cheered fat profits from major companies and relative calm in the bond market. The huge rally, the Dow's best day since March, helped the index recover a chunk of last week's hefty losses. Tech stocks, the biggest losers during the market turmoil, raced back to life. The Nasdaq spiked nearly 3%, while the S&P 500 advanced 2.2%. Investors piled back into tech darlings. Amazon, Facebook and Netflix closed sharply higher.
(Excerpt) Read more at cnn.com ...
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AMEN!
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HI NANCY!
“AMEN!”
To be sure! Given the amount of corruption we now see rampant in our government, how is it not logical to come to the inescapable conclusion that it flows over to quasi-government entities like the Federal Reserve who lie outside the feckless, feeble direct grasp of the useless a$$holes we have elected to Congress?
I am not sure, even if we are fortunate enough to have eight years of Donald J. Trump as our President, that we can actually clean house effectively enough for the country to be safe!
Well, it is October.
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