In Crazy Banana-Republic Moment, Mob Storms U.S. Capitol, Senate & House. Lawmakers Evacuated. But No Problem, Stocks Are Up | Wolf Street

This is truly a shocking and historic moment for the US, where a mob, riled up by the President who d lost an election but refuses to accept the will of the voters, stormed into the Capital, with Senators and Members of the House being rushed out of the way to safety.

This is a scene similar to the ones we may have seen in the past in some capitals in Africa or Latin America. It s shocking and it s heartbreaking that this is happening in Washington DC. But it s not totally unexpected, given the game of brinkmanship some Republicans have been playing in recent months. And that game has now gotten out of hand, and they lost control over it.

But I can already hear the voices on Wall Street, and the Robinhood traders, and all the folks constantly promoting the ever-lasting-to-the-sky Pandemic rally. Everything is just fine because stocks are up.

via wolfstreet.com