Recap August 30: Elon Musk Next Richest Man – Stocks At Record Highs (Recap Ep086)

In the recap of this week, we found that U.S. stocks end higher, Dow wipes out its 2020 losses at open temporarily. U.S. stock index the S&P 500 futures rose for a 7th consecutive day on Friday, with the prospect of exceptionally low-interest rates for a prolonged period of time, thus spurring investors with their focus shifting to monthly personal consumption data, for signs of an economic rebound. The U.S. Fed is moving towards policy in support of inflation to better help [...]