Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

How the COVID-19 Bailout Gave Wall Street a No-Lose Casino

 


In late April Marko Kolanovic, a financial analyst for JPMorgan Chase, wrote to clients with good news. Pandemic aside, investors should expect stock prices in S&P 500 companies to return to record numbers some time early next year!

"The S&P 500 should attain previous all-time highs," Kolanovic wrote, "if the monetary measures are sustained."

https://www.rollingstone.com/politics/politics-features/taibbi-covid-19-bailout-wall-street-997342/


 

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