Everything Bubble Becomes Everything Crash

The madness could last only so long before the magic carpet of endless stimulus, government checks and supplemental unemployment benefits was yanked out from under the markets.

Read today's complete note for free at Downtown Magazine's Money Daily

At the Close, Tuesday, May 19, 2021:
Dow: 34,060.66, -267.13 (-0.78%)
NASDAQ: 13,303.64, -75.41 (-0.56%)
S&P 500: 4,127.83, -35.46 (-0.85%)
NYSE: 16,337.73, -85.23 (-0.52%)