He says that the police are lashing out violently because the protests have had an impact. More and more people are coming out for the demonstrations and public opinion is overwhelmingly in favor of the protestors.
He also emphasizes that the rising stock market reveals what many of us have been saying for years, that the stock market has no relationship to the lives of most people but is just something that measures the how well the wealthy are doing. And it appears that they are doing very well indeed despite the pandemic and the turmoil.
