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Tue Jan 12, 2021, 05:35 PM

S&P 500 Index gained 18% in 2020

That a remarkable statistic considering CV-19 cases have been in full exponential growth in the US since September.

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Reply S&P 500 Index gained 18% in 2020 (Original post)
Shermann Jan 2021 OP
muriel_volestrangler Jan 2021 #1

Response to Shermann (Original post)

Tue Jan 12, 2021, 06:24 PM

1. It's a sign that the big companies have increased their dominance of their markets

and the market thinks they will hold on to their gains, even when the virus is under control. And that it was always possible to pump money into the economy; that's been done because Republicans face re-election and so ditched their claims about what debt was unsustainable. But a lot of that has ended up with the largest corporations.

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