Fed says stock market boom, ‘ebullient’ investors warrant caution Booming stocks, internet-driven “meme” investments and the black box of hedge fund financing pose increasing risks as the U.S. economy emerges from the coronavirus pandemic and investor appetite soars, the Federal Reserve warned on Thursday in its latest report on financial stability. Dow hits record, cyclicals rise on jobless claims data U.S. weekly jobless claims drop below 500,000; layoffs lowest since 2000 Biden says 25% to 28% corporate tax rate could pay for investments With 8 mln Americans out of work, why are more companies not filling jobs?