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Dollars Vs Deaths – US Equity Investors Have Now Made Over $100 Million For Every COVID Victim

Courtesy of ZeroHedge View original post here.

Main Street vs Wall Street vs Blood on the Street…

Just some facts. Make of them what you will.

The Fed added just under $2 trillion to its balance sheet since the 3/23 lows in stocks.

There have been 67,769 deaths from COVID-19 since the 3/23 lows in stocks.

The market capitalization of the broad US equity market has risen by $7.4 trillion.

So, US stock market investors have gained a stunning $109 million for every American that has died from COVID-19 since The Fed began its bailout.

During the same period, 30.3 million Americans have lost their jobs.

This means American stocks have gained $244,000 for every furloughed, fired, and unfriended worker suffering in lockdown.

Finally, at the latest count, we have lost 434 jobs for every confirmed US death from COVID-19.

Seems like Wall Street wins… twice.


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