Wednesday, March 11, 2020

Stock Indexes

Russell 2000 Index. Cross-hairs are centered on election day 2016. Graph is a screen capture from Yahoo! Finance taken on March 11, 2020

Just a quick view to show that the stock market is back to where it was on election day 2016. Perhaps this will be brief, but I think this corona virus thing is just getting going. The graph is for the Russell 2000 index, a very large and comprehensive list of stocks. The DOW is doing a little better, but the regularly change out companies for better performing ones.

The stink of it is a lot of the big tax cuts from 2017 were likely invested and have been lost. Tax cuts should be given to those who will use it to buy bread and not to gamble on the economy.

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