$AC.CA The US markets boomed today because of Powell's comments over the weekend. Investors are so clueless.They only listened to the hopeful bits and ignored his warning that a 2nd wave of infections would be disastrous.Fauci and other leading experts say that a 2nd wave is inevitable. With the US lifting restrictions prematurely,that 2nd wave might come as soon as next month.Thank goodness the Canadian government is protecting us with international travel restrictions,which likely will not be lifted until next year(only if a vaccine is widely available) and very wise not to bailout an airline that is laying off tens of thousands of workers,even when the government is willing to pay 75% of wages.
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