MONEY MORE IMPORTANT THAN LIFE – TRUMP CONFIRMS THE STOCK MARKET MESSAGE – HERE IS HOW TO NAVIGATE $DIA $DJIA $SPY $SPX $DIS $AAL $AMZN $QQQ $NDX
Societal values change over time.
“Life, liberty and the pursuit of happiness” is in the Declaration of Independence. The response to the coronavirus and stock market actions have shown that some have adopted new values: “Money, some liberty and the pursuit of more money.”
America is in the process of opening up its economy, even though in many areas deaths from the deadly virus are rising. Our own president says that even if more Americans get sick and die, the country must reopen.
Here is a key question for stock market investors: Have American values changed permanently? And will stock market excitement go away if more Americans get sick and the level of deaths remains high?
May 7, 2020