Posted on 05/09/2020 11:23:50 AM PDT by SeekAndFind
We are going to pay. All of the rules of economics demand that someone will pay, somehow, no matter what. It's not going to be pretty when it happens.
November 7 Dow +1.9%
November 8 (election day) Dow slightly higher
November 9 Dow +1.4%
As I recall, gloomy MSM commentators were talking about a huge drop in the Dow futures on election night, as it was becoming obvious that Trump was going to win. Trump was going to be a financial disaster they said.
I don’t know if that drop was even true, but it sure didn’t have a lasting effect.
The market is looking out beyond the immediate future and sees pent-up demand and lots of growth coming.
Black Plague killed
Half the Worlds
Population
in the 1300s’
Between 2010 and 2015
It killed almost 600 People
The plandemic is not over yet.
Because the fed is giving away money and they are starting to buy EFTs directly. Plus other central banks are buying out stocks. Finally, MOST of the gains are based on a few stocks. Everything else is dead in the water
The market is not based on any rational stats. There are no earnings. There are no forecasts. It’s just folks gambling.
but it sure didn’t anticipate the havoc raised by COVID!
“The day before Trump won in November of 2016, the market
made a huge move up.”
This pre-election rise was widely reported at the time by the MSM to reflect the market’s expectation that Hillary would win. Just before midnight as election results were coming in the Dow futures were down almost 900 points. Then, as a Trump victory became a real possibility, the futures began a huge turnaround. By the end of the next day, the Dow was up about 260 points and finished near all-time highs. I was watching the election coverage on CNBC, which simultaneously showed the Electoral College count and the Dow futures. It was a beautiful thing to watch.
“Because investors realize that Trump will be reelected, and that biden won’t be, and that this insanity will soon stop.“
My thoughts exactly ... the market is clearly reading in a Trump reelection
Be careful, bankers.
You can't hide it much longer.
I just did an experiment. I went to the grocery store, in Maryland which is still under heavy tyrannical lockdown. I DID NOT wear a mask.
I had one (a Trump 2020 mask) but kind of wanted to see if anyone cared. I even engaged with 2 or 3 employees.
No one said a word. It makes me think that most people are conditioned to go along with the charade but deep in their hearts, they know it’s a charade. They are done.
The company I work for is publicly traded on NYSE. Their stock took a hit when this whole thing started as did everyone else’s.
I missed the great window but not by much. It’s up about 15% in just a few weeks
... because there is light at the end of the tunnel.
And, Trump is in charge, not a brain dead clown like Biden.
........................................................
Well and truly said and every word of it!
This evil lock down is nothing but a war on small businesses, the middle class, and the working poor.
....................................
Nonsense!
Less than 3% of counties produce half of U.S. GDP.
There is a graphic that shows where those counties are.
Small businesses were the sacrificial lamb in this stupid move.
..................................................
Small business will come back stronger than ever. Take it to the bank!
They discovered a big deposit of Face Masks and Ventilators in South Dakota so they started Fracking.
My point is
We’ve “Flattened the Curve”
We have treatments and
Bed Space
and
CHICOMS virus will
Be here,
That is ironic!! I just came back from a grocery a few minutes ago. Where I live people are stripping the masks and are easing the social distancing. Spoke to several and said the CDC and state government over did it!!
+100! That is a really good point and I felt that way too.
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