The last picture show before the election. Somehow they are tied to china and this pandemic Im sure of it and it will come out just like the AZ man who ingested fish tank chemicals was trump fault and now his wife was arrested for murder
CNN sounds disappointed in the stock market.
Doom and gloom sells. “If it bleeds, it leads.” CNN is in the business of sensationalism, not news, and they are struggling even at that.
Everything is support of command-and-control. This may be known as “socialism” or “Communism”, but actual socialism or Communism, as described by Karl Marx, is a chimera that can never be achieved. But hey, the PROMISE looks great.
The stock market is not about current conditions.
The stock market responds to what people think the future is going to be like.
This is an indication of confidence in President Trump and his re-election.
The stock market is reflection of the confidence we have in Trump’s ability to fix this. This will not be the dem/media last shot at Trump. You can’t have a presidential election without a BS media October Surprise. Rest assured, they’ll create something new and more ridiculous than all the other surprises we’ve seen over the last four years.
Markets look at it this way: It can't get any worse / it can only get better from here = time to buy, buy, buy.
The Democrats and the media have jumped on this as one last attempt to get Trump out of office.
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The only thing that matters to them right now is Trump not being re-elected. From that standpoint you can predict what will happen between now and November. IOW, nothing good that will help Trump.
We’ve got a battle on out hands between now and November. I’ve been vocal about this not being the flu but nonetheless it is time to begin opening the economy using common sense and not fear. There is no other choice. But it looks like those that oppose Trump are going to do everything possible to see that that does not happen. Hopefully the stock market growing shows who the smart money is betting on prevailing in this battle.
The markets are confident Jerome Powell will step in and buy up all bad debt. Whether this insane Fed promise can keep the markets up for six years, or six months, or maybe only six weeks - we can’t know yet.
The fundamentals for most industries remain very sound. Yes, aviation, recreation, and oil are gonna be hit. Oil has already rebounded by some $17 at the lowest end, or a $54 gain in two weeks.
Entertainment, casinos, sports, hotels are all going to depend on how fast THEY return to normal, not how fast their states open up. In states that are open, no one will go to a sporting event if you are wanded, have your temperature taken, and have to wear a mask. Ditto casinos, restaurants. Won’t happen.
So businesses can either get on the train now and say, “We’re open-—really open”-—or stay shut. No middle hear with fear.
Mr. GG2 watched a YouTube video yesterday that reported the Congress is putting together another CARE package where everyone will get $2,000 in May and every month after up to six months depending on how slow the economy picks back up.
How many of Our Ohio friends are in the audience? Did anybody see what our good governor did today? He extended the States stay-at-home shut down until the end of May there is no other reason to of done that except to do the dirty work of casic and baner and try to lose it for the republicans so they can get trump outer there in November. Whereby sacrificing our state.
If CNN’s alleged “business” department doesn’t understand why the stock market shoots up while bad news is still coming out about the economy, it tells you about how much the department’s “insight” is worth. You learn that in Business 101.
Crashing the economy is the Dem/Media strategy. Red states should open son.
The economy is NOT collapsing. It has been SHUT DOWN. That’s a big distinction. A collapse is caused by uncontrolled circumstances and a recovery is unpredictable. A shutdown can be reversed as easily as it is started.
Now, the restart may not be as abrupt as the shutdown was, for various reasons. It is clearly as not as dire as a ‘collapse’.
Garbage. The market reacted, probably went too far, and has come back some. No one knows where it goes next. The media is systematically destroying trust in all non-govt activity.
Clombing back to where stocks were is only a gain for new money. Otherwise tjese “gains” are just pissing on my leg and saying it is raining.