Friday, June 7, 2019
The Bubble Grows! Stocks Leap on Bad Economic News
The federal jobs report this morning showed less than half the number of expected jobs were created last month than were expected. That's bad for business! That suggested that corporate America may be seeing a future recession coming down the road. But the stock market is up nearly 300 points! Why? Because, as indicated in the above headline, Wall St expects the Federal Reserve to initiate more quantitative easing, creating more digital money to artificially boost stocks even higher into bubble territory! The bubble grows!