Stock prices soared on Tuesday, recovering a portion of the value markets have lost in the coronavirus epidemic in the greatest single day for the Dow Jones since 1933.
The Dow closed up 11.4%, and the S&P 500 surged by 9.4%.
The market surge appears to coincide with developments suggesting that a stimulus package in response to the coronavirus recession appears to be nearing agreement with Democrats and Republicans. Steven Mnuchin and Chuck Schumer suggested that they would reach a final agreement on the deal when speaking to congressional press on Monday night.
It’s possible the market was reacting to a suggestion by President Trump that he’d like to see the economy return to normal function by Easter.
The coronavirus epidemic has been devastating for the stock market, with declines in share value approaching that last seen during the 2008 Great Recession. Today’s surge in value suggests that the crisis might ultimately prove to be far less lasting than the last recession, and that the economy will recover when the virus is adequately contained.
Today’s stock market surge places the Dow Jones back over 20,000, leaving the index at 20,704.91 to end the day.
The United States is far from out of the woods in facing down the economic hardship created by the Chinese coronavirus, but the upward trend of markets to the upcoming stimulus package is perhaps a sign that recovery is near. A vote to pass the coronavirus stimulus package is expected on Wednesday as Democrats and Republicans near final agreement on the terms of the nearly $2 trillion package.
World Economic Forum Deletes Tweet Claiming ‘Lockdowns’ are ‘Improving Cities’
More “Great Reset” propaganda.
The globalist World Economic Forum was forced to delete a tweet claiming that Draconian lockdown policies are “quietly improving cities around the world” after public outrage.
The lockdown policies have crippled jobs and exacerbated inequality, but the global elite are reveling in their effect and prepare to make lockdowns a fixture of public life with a captive public firmly under the spell of mass hysteria.
The since-deleted tweet can be seen here:
The tweet linked a video showing propaganda for the Great Reset, which will be used to finish off small businesses and consolidate corporate power at previously unforeseen levels. The video claims that lockdowns are helping society because they have resulted in drops of ambient noise and air pollution.
That video can be seen here:
Big League Politics has reported about the push for the Great Reset as globalism soars to new heights using the COVID-19 scamdemic as a pretense for a massive power-grab:
A leading globalist elite closely associated with the World Economic Forum has openly predicted that the world will never return to a sense of normalcy that existed prior to the coronavirus pandemic. Klaus Schwab made the concerning claim in his new book, “The Great Reset.”
“Many of us are pondering when things will return to normal,” wrote Schwab in The Great Reset. “The short response is: never. Nothing will ever return to the ‘broken’ sense of normalcy that prevailed prior to the crisis because the coronavirus pandemic marks a fundamental inflection point in our global trajectory.”
Schwab went on to predict that human history would be differentiated between an era before the pandemic and what comes after. He likened the historical event of the coronavirus pandemic to the birth of Christ, a peculiar slight to Christians who view the life of Jesus as an event quite unlike the spread of a disease.
“Radical changes of such consequence are coming that some pundits have referred to as ‘before coronavirus’ (BC) and ‘after coronavirus’ (AC) era. We will continue to be surprised by both the rapidity and unexpected nature of these changes – as they conflate with each other, they will provoke second-, third-, fourth- and more-order consequences, cascading effects and unforeseen outcomes,” writes Schwab.
In addition to being a longstanding patron of the globalist WEF’s yearly Davos gatherings, Schwab was a steering committee member of the Bilderberg Meetings. He was listed as an “international” member of the Bilderberg group’s executives, despite being a German national.
Managerial elites have spoken in open terms about their plans to redistribute the private property of average people to megacorporations and governments, compel the public to eat insects as a replacement for meat, and to gradually eliminate the use of personal automobiles.
Schwab staked out his vision of digitized corporate dominance of society in a recent speech given to the World Economic Forum.
The globalists are not fooling the public, who are growing increasingly enraged at their destructive policies and becoming more willing to support their nationalist opposition.
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