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Ideally, we keep everything closed until the federal government massively ramps up its testing and Contact Tracing capacity that would be my preferred outcome. But what if were waiting for nothing . Ive got to tell you without more aggressive action from the federal government, we may have no choice but to reopen as the economy spirals into a depression what does reopening the economy even mean, though . The market is one reason the dow slipped 457 points today nasdaq was down 2. 6 theyre waiting for any direction from the government, the federal government aside from a handful of people who have the situation figured out. I have been pounding the table its mad money, not mad depression ive been pounding the table on amazon for months because it has convenience, scale and low price to take over the market. I think walmart stock, too cheap. Given that its got a big Digital Busi ....
Bit, there you go, we turned around, we are up about a point. Remember, please, big rally yesterday, big rally friday. The dows going to open virtually flat. It is almost completely recovered from last weeks losses. Its only tuesday. The s p will be down maybe a point. The nasdaq down maybe a point. I will call it flat at the opening bell. In politics, its all about the boycott, divest and Sanction Movement known as bds and designed to destroy israel. The visit by Rashida Tlaib and ilhan omar, both muslim women in congress, is off. The ball is now in the democrats court. Will the party try to sanction israeli diplomats in america . Or scale back the tenyear, 38 billion aid package for israel which was signed by president obama . Its a dilemma for democrats. The party now has an active antiisrael wing that is clashing with democrats who support the jewish state. Great to be ....
Tech help to drive some of the , a lot of investors will be watching inflation. It is a chart that were quite there with. The pce which is the most some of piece of data the fed watchers out there say the jay powell might indicate what the fed can tolerate inflation above 2 . And it is a position also held by the minneapolis fed president s neel kashkari. There is a collision course between what was he on the fiscal side of things as well. Address the Spending Plans from the white house. And it is increasingly likely that we will speak about it. What would that overshooting inflation. Queen of the Market Reaction was pretty positive to all the headlines today. The s p up over 1 , the dow adding on another. Nasdaq also higher by over 1 . Volume a little bit lower than what was expected. Stockith some of the big stories today. We had some big stories. Ge was one of them in at ....