Daily Covid and Markets - Wednesday August 12

Episode 314: Daily Covid and Markets - Wednesday August 12

Show notes

Market futures were up another 250 points at 3:45am this morning and I immediately thought, “Oh, does Iran have a working vaccine now?” (If you are missing my joke, see yesterday’s missive on Russia). But in all seriousness, markets continue to be trading with very positive sentiment, and with no regard for a stimulus deal (more on that below). The markets ended up today nearly 300 points, and the S&P and Nasdaq each did even better. I simply do not believe the market cares (right now) about a stimulus deal, and the markets digestion (all summer) of the COVID reality has been remarkable.

Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com


David Bahnsen

David Bahnsen

David is the Founder, Managing Partner, and the Chief Investment Officer of The Bahnsen Group.

View episodes


Subscribe now

Get new episodes of The Dividend Cafe automatically