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To: Enlightened1

And the stock market just had its best week in history.

Wall street doesn’t reflect main street.


3 posted on 04/11/2020 6:37:15 AM PDT by 2banana (My common ground with islamic terrorists - they want to die for allah and we want to kill them.)
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To: 2banana

The DJIA is a six month outlook.


5 posted on 04/11/2020 6:43:10 AM PDT by Enlightened1
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To: 2banana

Keep in mind they are pumping money into the market via the plunge protection team.


6 posted on 04/11/2020 6:44:05 AM PDT by Enlightened1
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To: 2banana
"And the stock market just had its best week in history.

Wall street doesn’t reflect main street."

Remember the Federal Reserve has pumped a couple trillion dollars of liquidity into the economy. That money is propping up the market. In the last 50 years debt has overtaken equity on the corporate balance sheet. Stock valuations have little relation to true assets.

9 posted on 04/11/2020 6:49:53 AM PDT by buckalfa (Post no bills.)
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