We're seeing the huge market cap cos (especially internet) and top 2% of the population making huge gains through online services and products. That's great for the Bezos, Waltons, and people like us on Wall Street (who work on paper assets) for now.

However, people in the middle and lower part of the socioeconomic ladder are struggling. Small to medium sized business are getting killed with the shut down and massive slowdown in consumption. Many Americans can't pay their rent. Where do you think this goes when businesses have to shut down? It's ultimately works its way get to the top. The banks will get hit too.

The Government can't continue to throw $$$ trillions of liquidity into the markets and on main street. It's a shitty band aid and there's a chance for bad inflation in the future. Let's not forget, parts of Asia and Europe are ramping production. With their economy running, they'll be hunting for the same assets and liquidity relative to US based companies. Who's in better position?

The uptick in employment was expected after the economic reopening. It's just common sense. However, the fall out in the long term is far worse if America does not produce and consume in a consistent manner shortly.

[Post edited by Blah at 07/02/2020 10:05AM]