Stimulus Optimism - Stocks Are Doing Fine, Labor Market Isn't
Jane Genova: Speechwriter - Ghostwriter
JULY 23, 2020
The U.S. economy is about 70% consumer-driven. So, the stock market rejoices at any sign of financial aid from government to the people. The latter will be able to spend, despite the carnage COVID-19 has done to employment. Wednesday was therefore a good day for Dow Jones.