S&P 500 heads for best August in 36 years as traders cheer continued economic recovery | Markets Insider

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S&P 500 heads for best August in 36 years as traders cheer continued economic recovery

that will likely keep interest rates low for some time.

"Jerome Powell's soothing tones are continuing to provide that calming reassurance for investors, even as we head into what could be a rollercoaster ride in the final months of the year," said Craig Erlam, senior market analyst at OANDA Europe in a Monday note."Investors as ever are optimistic."

 

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Traders cheer. All the rest of the people, because of the president’s actions, are definitely not cheering. A booming S & P doesn’t bring back or save lives. It doesn’t mend racial injustice. Doesn’t eliminate a dictator violent racist leader or what he’s done to us. Don’t cheer

Oh please 🙄

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