"Can The Dow Jones Today Nail Its Best Month In 45 Years?"

Asks Investor's Business Daily:

Wednesday's gain left the Dow Jones today, on the last day of April, sitting on its best month of the century. Actually, it's the century's best month for the Dow, the Nasdaq and the S&P 500.

In fact, the Dow's 12.4% advance so far in April puts it on track for its best month since a 14.2% surge in January 1975. That's a 45-year record. The Nasdaq is toiling away at its biggest monthly advance since February 2000. That was a 19.2% spike, preceded by a 22% Santa Claus rally in December 1999. The S&P 500 has rebounded 13.7% in April. That beats everything going back to its 16.3% rebound rally in October 1974.

So strange... in this lockdown month.

"Senate Intelligence Committee Chairman Richard Burr, R-N.C., sold as much as $1.7 million in stocks just before the market dropped in February amid fears about the coronavirus epidemic."

"Senate records show that Burr and his wife sold between roughly $600,000 and $1.7 million in more than 30 separate transactions in late January and mid-February, just before the market began to fall and as government health officials began to issue stark warnings about the effects of the virus. Several of the stocks were in companies that own hotels.... Most of them came on Feb. 13, just before Burr made a speech in North Carolina in which he predicted severe consequences from the virus, including closed schools and cutbacks in company travel.... Burr told the small North Carolina audience that the virus was 'much more aggressive in its transmission than anything that we have seen in recent history' and 'probably more akin to the 1918 pandemic.' Burr’s remarks were much more dire than remarks he had made publicly, and came as President Donald Trump was still downplaying the severity of the virus. There is no indication that Burr had any inside information as he sold the stocks and issued the private warnings. The intelligence panel did not have any briefings on the pandemic the week when most of the stocks were sold...."

The NYT reports. (Also: "Georgia Sen. Kelly Loeffler, a new senator who is up for re-election this year, sold off hundreds of thousands of dollars worth of stock in late January, as senators began to get briefings on the virus, also according to Senate records.")

That's the NYT. I'm seeing a much harsher attack on Burr from the right:

Senator Richard Burr must be arrested.

For real.

F-ck this guy.

Throw his ass in prison! pic.twitter.com/CrZIJopead

— Cernovich (@Cernovich) March 20, 2020

ADDED: Here's the Wikipedia artcile on Richard Burr. I just want to quote the "Personal life" section in its entirety:

Burr's car, a 1973 Volkswagen Thing, is "something of a local celebrity" on Capitol Hill. Burr has a known aversion to reporters, once even climbing out of his office window while carrying his dry cleaning to avoid them. Burr is a member of the United Methodist Church.

CC emw.

The broken windshield is an interesting touch.

"It’s only when the tide goes out that you learn who’s been swimming naked."

Said Warren Buffet, quoted in "It’s a ‘Swimming Naked’ Moment: The Financial System Has a Real Test/The coronavirus spread and its economic effects are stressing the U.S. system for the first time since the 2008 financial crisis" by James B. Stewart (in the NYT).