DOW hits 30k after consumer confidence data comes it sharply lower than expected.
— John Tuld – 2008 Financial Crisis Survivor (@BradHuston) November 24, 2020
Dow hits 30,000 for the first time.$DJIA pic.twitter.com/1zmQJx8jg1
— Charlie Bilello (@charliebilello) November 24, 2020
November @markets so far:
– Dow up 13%, passes 30k, best month since 1987
– Russell 2000 up 20%, best month EVER
– S&P energy up 37%, best month EVER
– S&P financials up 19%, best month since 2009
– S&P industrials up 18%, best month EVER— Sarah Ponczek (@SarahPonczek) November 24, 2020
— Alastair Williamson (@StockBoardAsset) November 24, 2020
US Consumer Confidence Slumps In November As Hope Fades
…despite the drop in confidence, buying expectations rose for homes, cars, and major appliances, and expectations for rising incomes also rose modestly.
21% of all US Dollars were printed in 2020. https://t.co/wFcRxPxN9G
— Sven Henrich (@NorthmanTrader) November 24, 2020
Airlines will lose almost $39 billion in 2021, on top of a $118.5 billion deficit in 2020, @IATA forecasts. That's a lot worse than the Great Recession in 2008-2009. https://t.co/w253eUzuHM via @business pic.twitter.com/VSM7IC8sy5
— Steve Matthews (@SteveMatthews12) November 24, 2020