Coronavirus, US economy proves Wall Street, politics "nothing matters" slogan 2020
Coronavirus, US economy proves Wall Street, politics "nothing matters" slogan 2020
The Wall Street mantra these days is "nothing matters".
It doesn't seem to matter how big the event is – a debilitating virus devastating China, the rise of Bernie Sanders – none of it matters. Shares are simply rising and good debt is trading close to the junk in the credit markets.
Think of this as an extension of the sluggishness that has gripped US policy making. We are frozen in an…
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