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Aren't markets always right?
#1
Quote:NEIL CAVUTO (HOST): Wall Street doesn't seem to care whether it's wasteful spending or not. Stimulus is stimulus, money is money. They seem to embrace it. There's got to be a point at which they say, "Well, what are we embracing here?" CHARLES PAYNE (GUEST): I don't know what that point is, Neil. Honestly, I don't.  CAVUTO: Yeah. PAYNE: Wall Street is so short-sighted. They just want the -- they just want the machine to keep going. And by the way, whenever we do hit that pivotal moment, I think Wall Street believes that -- that they will be the ones somehow bailed out at the expense of everyone else. So Wall Street does not have any sort of fiscal discipline at all with respect to any of this. Keep the money printing, you see what the market's doing. It's a great party as far as they're concerned and they don't ever want it to stop.
Fox hosts attack the stock market for going up after passage of COVID relief | Media Matters for America
  • Except when they go up in reaction to something conservatives loath..
  • They went up during most of Obama's presidency as well, how could that be, wasn't he bringing socialism to the US?
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