Posted on 05/18/2020 12:00:24 PM PDT by Ozguy1945
I saw where Australia was the most vocal in standing up to China at the WHO conference today, so I would say the free world is in good hands.
I wonder what the marker will be at after June/July earnings reports are announced.
Cave...
I don’t even know what that means.
If you are looking at a big picture, you have to backup a little to see it. The United States took a bath but most countries are drowning. All that money has to go somewhere and the United States is the best place to put your money. So of course our stock market will go up. And all those businesses, small businesses, that failed...they will open up with a new name or word new financing. It happens all the time, businesses fail, business owners they’ll be get up and they go on. Many successful small businesses fail 3-7 times before they succeed.. this is just another failure on the road to success. The U. S. will come roaring back, really ticked off. life is going to be so entertaining over the next six or seven months.
The Dow isn’t the economy, it’s a casino.
Time is running out. Soon there won’t be much to save. Socialism to the rescue. The new norm is a perfect fit for Globull Warming.
It means exactly what I said. People think that just because the DOW is up that means the economy is good. But it’s doesn’t. The DOW has no actual meaning in the economy. And tanking DOW can tank the economy, but doesn’t have to, a rising DOW is no indication of our economic health. Especially in the modern day when the stock market is ruled by the greater fool theory. We could have 90% unemployment and the 10% who still have money could be cranking the DOW up. As economic health goes it is a meaningless statistic. Might as well talk about the weather.
recovery from the great crash of 1929 tooka decade
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