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New From Seth Meyers: Markets Plunge as Trump Lies About Coronavirus Response [VIDEO]

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lawhawk3/10/2020 8:00:22 am PDT

re: #229 Yeah Sure WhatEVs

Dow is up 785 points.

Why? Because Saudi Arabia increased oil production?

Bargain hunting. After yesterday’s bloodbath, investors are looking for relative bargains among the wreckage. They are looking for stocks that were hard hit that probably shouldn’t have been hammered nearly as much.

It allows people to get a false sense of security too - especially when the pundits couch this as a response to Trump proposing tax cuts as a solution (tax cuts don’t get people traveling again, and they don’t get people to not work from home).