Andrew Ross Sorkin: The Stock Market Is Up Because Investors Are Betting On A Vaccine

3809
Published on June 6, 2020

Andrew Ross Sorkin, financial columnist and co-anchor of “Squawk Box” on CNBC, explains the incredible gap between what Americans are experiencing financially as a result of the pandemic and the rapidly rebounding stock market. #StephenAtHome #SquawkBox #AndrewRossSorkin

Category Tag

19 comments

  • Xongwen Lee 2 years ago

    market is “future” indicator

    Reply
  • elizabeth g 2 years ago

    lol……trinnnnnnnnnnnnnngg

    Reply
  • Bruce Aitken 2 years ago

    It’s true. People are less noticed to be let go when they are only names on a list.

    Reply
  • Pak De 2 years ago

    The deflation, the deflation, the deflation, the deflation.
    Goods available but not enough want to or can buy at the current price. Prices drop to try and stimulate sales. Nothing changes because people are afraid to buy anything that isn’t essential and many are struggling to buy the essentials. Bank and stock market executives start jumping out of windows.

    Reply
  • Xongwen Lee 2 years ago

    in the future ee are goinh to have
    dark auto factorys anyways

    Reply
  • Luke Seguin 2 years ago

    Lmao it has nothing to do with the federal reserve using a semi legal corporation to backstop the junk bond market….

    No that is not literally how it happens dude. If anyone is interested I will post links to some good zero hedge reporting (still mixed on that site)and the laws the fed is breaking.

    Reply
  • Denie erham 2 years ago

    medium small size business is already exaust their capital just to survive a lockdown and most of them are going out of business. it would take a long time for that business to fully recover unless the government is droping cash or relaxing alot of credit requirement for the to start all over . i know this cuz i have alot of friend who have to closed their business and there’s no money left to start over again let alone rehired their employees back . so imo only big companies that can recover very quickly but small medium size business ?? 🤔👀

    Reply
  • Pac man 2 years ago

    FOUND IT! I had to go back to home.

    Reply
  • Assozial Nətwork 2 years ago

    You seriously still give a damn about the stock markets? LOL as if they would represent anything of relevance. I bet you and your viewers even believe exactly that and I can´t even blame them. American news are jumping on the daily stock market developments as if they were all in themselves. How many of you people actually know that it doesn´t matter for the company directly what value their shares have at the stock markets? Once given out for a fix price the money is in and the rest is pure speculation only the shareholders benefit from or not. You don´t believe me? Google it. I myself went to a university for 5 years to learn it but Mr. Google could provide this little “secret” just as good within seconds. I guess that´s why no German network gives the stock market more than one minute of attention a day. It´s just not interesting enough.

    Reply
  • The AJ 2 years ago

    25% unemployment, markets are up, top 10 billionaires in the US made 480 billion dollars the last few months.
    The stock markets have historically never been a predictor of economic health. It’s usually the opposite actually – 20’s, 80’s, 2008 and now.
    And the interest rate being record low, we’ve lost an important tool to aid economic recovery.

    Look up bad credit loans and the credit default swap bubble – it’s about x10 the housing bubble.
    Storm’s coming

    Reply
  • Pac man 2 years ago

    Vaccine or therapeutic? How about Covid Organics produced in Madagascar?

    Reply
  • Brad Tays 2 years ago

    They are going to push a Vaccine through and it will be mandatory. It will never be Safe but big Pharma and rich people don’t really care about people. People are there to be exploited.

    Reply
  • TAR TV. The African Republic. 2 years ago

    They are giving money to the rich period

    Reply
  • Jean Luc Phuktard 2 years ago

    So we going full throttle super lean management across the board?

    Reply
  • Jon Macapugay 2 years ago

    I hope they all lose money.

    Reply
  • Peter Danngren 2 years ago

    Perverse is the first name. The last name is money thugs…barbarian..

    Reply
  • Peter Danngren 2 years ago

    An economy that crash when people buys what they really need is a pseudoeconomy…

    Reply
  • StOWNEDp1LoT 2 years ago

    Ya’ll just feeding the Lizard people argument putting this guy on national T.V.

    Reply
  • wattlesong 2 years ago

    Not going to be a vaccine within a year.

    Reply

Add your comment

Your email address will not be published.