Stock Market News and Reporting Weekend 12/4/20

December 4, 2020 21:05 NYST – The three major stocks on the @nyse had big gains this week. The Standard and Poor’s (S&P 500) composite index (see above image) hit an all time high of 3699 points on Friday with a weekly gain of 34 points (0.9%). While the DOW Jones Industrial (DOW) and the NASDAQ (NDAQ) composite indices gained 422 points (1.4%) and 122 points (1.0%) by this week’s end, respectively.

The market analysis indicates investors are betting on widespread vaccine administration upon approval from the US Food and Drug Administration (@FDA) and Coronavirus economic stimulus relief from Congress in Washington DC, USA. All this gambling the 1% are doing amongst the slowest job growth in 6 months and an economy experiencing the worst downturn in decades will come back to haunt us all.

As meanwhile:

Millions of Americans are going hungry in one of the riches countries in the world.
Countries like Guatemala and Venezuela, dependent on foreign aid from the United States, struggle under the weight of unsafe living conditions from natural disasters and dictatorial oppression.

A time will come when the 99% outcry and set the world on fire the way they are right now in Guatemala over the gross economic injustices fueled by #grotesque greed. Then, the 1% will pull out of the markets to protect themselves and the rest of the story after that is chaos. Following the eventual collapse of the US economy under the weight of the negligence, selfishness, and ignorance of the filthy rich @nyse.
@nytimes @CNN

#thehumanwill #waitandsee