Posted on 05/09/2020 11:23:50 AM PDT by SeekAndFind
Many analysts are looking past the grim economic data, forecasting a speedy recovery as state economies open back up across the country.
...
Some companies are already doing great.
Fact, rumor, speculation, and
anticipating the Socialist candidate will lose.
Market is forward looking and likes what it sees.
I would like one more 1/4 of depressed prices to reinvest at those rates but will settle for an upturn cause”were all in this together”....
Yea right !
I’m not sure that’s right. Stock market futures were in a free-fall late on Election Night as it became more obvious that Trump was going to win.
Read a article several months ago, that mutual
Fund managers , due to their funds forced
Percentages, of (fill in the blank % Stock vs
Fill in the blank % bonds) would be obligated
To buy stocks due to amount of money they
Had lost, in order to rebalance the funds to
Meet their requirements.
Buy low. sale high.
Because the majority of small businesses are shut down. Small businesses were the sacrificial lamb in this stupid move.
I guess that’s a decent come back, but I’d say the reality
of the market’s performance for the next nearly two months
puts the make believe world of futures to shame there.
As always, the stock market is predictive, a leading indicator.
The Chinese connected big box stores are doing great selling their Chinese garbage.
Because outside of a few hotspots the reality of COVID-19 isn’t matching the hype. We can debate ad infinitum why that is and whether that will change but as of today it’s a big “meh”.
Bear in mind, lunch at McDonald's will cost you $1,000 at that time, but Jerome Powell and the Fed have made the day of the 100K Dow a certainty. :)
20 million unemployed spending Uncle Sugar bucks which will lead to $1=$.01
Everyone loves getting that slave labor crap from China.
Has China closed its plants yet?
Pause for just one serious minute.
EVERYTHING in life is dependent on what you think.
Even some terminal patients hold out hope, knowing better.
Why is the market going up ?
People are believing it should, so it does.
I think there's a lot of truth in that. I think the reason we haven't seen much inflation from the loose money policy that's been pursued for some time now is that the consequences are being absorbed by the entire world economy, not just the U.S. But if we keep going the way we're heading, we'll be seeing some palpable inflation before too much longer. You can't get away with this sort of thing forever. The piper will be paid.
The market is always smarter than a bunch of agenda driven pundits.
Er, the market is NOT a reflection of a current economy. It is a discounted estimate of FUTURE expected earnings.
Not so.
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