Dow/S&P Give Up Day’s Gains As Stimulus Hope Fades… Again
Tyler Durden
Mon, 12/14/2020 – 14:34
So much excitement, so much hope… and now, nope!
A vaccine, hopes for renewed stimulus talk, and a general sense of euphoria that the world may get back to normal was dashed when de Blasio warned New Yorkers to prepare for total shutdown…
The Dow and S&P gave back all their overnight gains…
Equity protection is bid…
And bond yields dropped back below Friday’s close…
Get back to work Mrs. Pelosi!
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