Friday, the Fed Chairman spoke yesterday outlining a new policy for the Federal Reserve and the stock market liked what he said. The S&P and the NASDAQ hit new highs but the DOW is still about 1000 points below its February high.
The Fed's new policy is low interest rates forever, no inflation worries for years to come. In other words don't worry, be happy. That is a sure sign we need to worry.
Jobless claims dropped again yesterday, let's take a quick peek behind the curtain.
Abbott has a new corona-virus 'quick test'.