House passes $3T new coronavirus stimulus bill: What does it mean?

[ProfessorGAC]

6. Just A Modest Correction

The markets, especially the Dow have essentially done nothing for a month. The last market month, it has gone up by an annualized rate of 1.8%.
AAA municipal bonds pay 2%, and the principal is often guaranteed.
S&P is better over a month but had a slower first rebound. It's up 1.4% for the month, but is actually down over the last three weeks.
The Russell is down 7.6% over the last 2 weeks.
While your whole post is excellent, the markets are not "up".
They're treading water 4 or 5% below projected equilibrium.
I think suggesting the markets are fine feeds into the narrative of the great economy under PINO.
It's not great for main street or wall street.