Report: Wall Street believes economy to be relatively unscathed from Coronavirus Pandemic!!!

[NewsCenter28]

https://www.ccn.com/dow-futures-crawl-higher-as-investors-cling-to-main-street-cash-infusion/

Everything is wonderful, don't you know? 20%+ unemployment, 100,000+ DEAD? Who cares?!

Investors’ muted response to mounting evidence of economic destruction can be attributed to faith that one way or another, the U.S. economy will emerge from the coronavirus crisis relatively unscathed.

[Crouse]

1. Life is so difficult Under COVID-19

Not only U.S economy but the world's economy has been highly affected. Life is so difficult Under COVID-19

[marble falls]

7. It was pretty tough in WWII and the Great Depression, too ...

But we survive it and 'My Mother the Car" and thrived.

[lame54]

9. It was touch and go for a while during Cop Rock

[marble falls]

17. Is that the one where they taught pigs to sing?

[struggle4progress]

2. They see only their portfolios: people falling out of the cash economy become invisible to them

[DFW]

3. Do they also believe that Little Miss Muffet sat on a tuffet, eating her curds and whey?

Just curious how broad their research was, and who their sources were..............

[HarlanPepper]

11. This is from some weirdo crypto currency website

They have at least one story about Biden that reads like Breitbart.

[raccoon]

4. Sounds like they're in mucho Denial. Nt

[Squinch]

5. Wall Street thought things were fab a week before the last crash too.

And the one before that and the one before that.

[Shermann]

6. I believe in the W-shaped recovery

The question is timeframes.

[Midnight Writer]

8. These up and down market swings are Heaven to high speed professional traders.

[HarlanPepper]

10. What is CCN?

[Fla Dem]

12. From their website

CCN.com, also known as CCN Markets, was founded in the summer of 2013 in Norway by serial entrepreneur Jonas Borchgrevink as “CryptoCoinsNews.com”. Although bitcoin gained plenty of coverage in mainstream media, there were few crypto-focused online publications at the time. CryptoCoinsNews quickly became one of the largest and most trusted cryptocurrency news outlets, and the team behind it expanded rapidly.

In 2017, CCN.com received an offer to purchase CCN.com. We accepted the offer and moved our entire site from CryptoCoinsNews.com to CCN.com in the fall of 2017.

Who Owns CCN.Com?
By the end of 2018, CCN.com converted from the sole proprietorship PF Wetting (Odins gate 11A,0266 OSLO, Norway) run by Jonas Borchgrevink into a limited liability company with the name of “Hawkfish AS” and with a new business address, Drengsrudhagen 6, 1385 Asker, Norway. Hawkfish AS is 100% owned by IAKIP AS (Mellombølgen 68, 1157 Oslo, Norway) which is 100% owned by Jonas Borchgrevink, a Norwegian serial entrepreneur.

https://www.ccn.com/about-us/

[HarlanPepper]

14. Weird someone would post from an outlet that has some kooky anti Biden story on their front page.

Sketch. Bigly.

[spanone]

13. the dow is DOWN almost 6,000 points from it's high 8 weeks ago...this appears to be fantasy...

or wishful thinking.

[RT Atlanta]

15. If/when we come out of most stringent shelter in place

I too am hopeful jobs/business can fairly quickly rebound. That is - I am 'hopeful' - not really sure what they are seeing to make them believe this though. Maybe when Joe is elected...

[BGBD]

16. Our entire economy

is based on consumer confidence.

How confident are consumers right now?

WalMart looks like a demilitarized zone. Paper money is being avoided. Toilet Paper and hand sanitizer are worth more than oil.

[uponit7771]

18. *** DON'T FALL FOR THIS !! *** "Investors" were waiting on an 5/1 open cause Red Don implied ...

... economy was opening back on that date.

When Trump couldn't get that date as a 100% open then he put things on the states as a scapegoat

Once "investors" find out Trump doesn't have a plan past killing all of us crap will hit the fan money wise=