Opinion | The stock market is unhinged from our recession reality. Why that's dangerous.

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Opinion | Kevin Carmichael: 'Psychological factors are making markets poor gauges of the U.S. economy's strength. We should wrench our eyeballs from the tickertape before it's too late.' - NBCNewsTHINK

Yet that doesn't mean that all is actually well in the markets and that they're some sort of island of financial growth in a sea of economic destruction.

on May 26."We are in a speculative situation where people see fundamental changes coming and they don't know what they mean."," Shiller recites allegories of historical excess that echo what we are seeing now. In particular, he observes that stock market bubbles tend to produce tales of the mania for stocks that spreads to unlikely members of society .

 

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THINK Anything we can do to make Trump look bad....the media's narrative for the last 4 years

THINK You’re embarrassing yourself ...stop.

THINK You just don't want any good news during Trump's administration.

THINK Ive made so much on SPY calls it is rather absurd. About to buy a boat with all the free money. How could anyone not be raking in cash right now. SPY400c 8/21

THINK Uh..Huh. So all the people that have to be rehired for the companies not to have to pay that money back under the CARES Act and all those companies then spending it on their companies won’t have an impact? Seriously Check out Nikola, outlawing Diesel has consequences!

THINK Remember this is an opinion lol

THINK Because we’re not in a resession. That’s propagnda spewed by the Democrat’s mouthpiece, the “mainstream media”. FakeNews

THINK Yeah, whoever wrote this - I’ll just say this - they are not ignorant or uninformed

THINK This criminal organization will attempt to do business with you. JOSEPH RUMELL CEO of HUEMANITIES SOLUTIONS FOUNDATION/ SOON ARRESTED. The FEDs are filing charges against JOE RUMELL and his Partner DAVE both for illegal fraud w/o a SEC LICS under Series 7 Banking.

THINK Poor NBC, just was hoping for long economic pain. You never thought people would sit on their money and wait to be unleashed to spend it once open. Sucks for yall

THINK You're being very negative Kevin, and they don't like that. Smile.

THINK I Changed My Profile Pic So Everyone Can See My Face When I Say This! I Am White & I Am 100% Against Racism In Any Form! I Promise To Speak Up Against It & Defend Any Victim Of It, No Matter The Cost Of My Personal Relationships. We Can't Stop Or Go Backwards Now. Change Is Here!

THINK Tell that to the idiot in office.

THINK 😂 🤣 🤣

THINK The Anger In This Country Is Not Only Over Racism & Is Not Felt Only By Minorities! This War's Also About The Wealth Disparity & The Rich Hoarding All The Wealth In This Country. Billionaires Are Literally Raping This Earth Of All Its Resources & Leaving Us To Live In The Dirt!

THINK Who are we as white people, to allow these hateful & ignorant actions to occur under the flag of our race? They're outnumbered, yet still flourish. I say Its time we started to take action & let these people know they will not flourish or exist in our community less they change!

THINK Duh. People on wall street are some of the biggest morons on the planet

THINK 2 People Go To Jail! 1 For Rape & An Old Man For Stealing Beer. The Rapist Is Out Within 24 Hours But The Elderly Alcoholic Stayed In Jail For 14 Months Till His Trial. Only Difference Is The Rapist Had Money For Bail! That's How Our System Works! Our Jails Only Hold Poor People!

THINK We've Allowed Politicians To Judge Themselves, Decide How Much To Pay Themselves & Run Our Entire Country With Absolutely Zero Oversight Into There Actions! They've Become Untouchable. So Instead Of 1 King, We Have 100's Of Them Acting Like Kids Without Parents! This Must Stop!

THINK I doubled my large investment today. By large, I mean $200. But it was one week. I am buying.

THINK There’s another place you can put this opinion

THINK You are joke news

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Stock market live updates: Futures jump, airline stocks up, S&P down 1% this yearA conversation on the latest market-moving news. The mere fact that any markets are up amidst such social unrest, economic hardship & worldwide pandemic tells us that the markets literally have nothing to do with 99% of us. There are NO successful black nations in the world. Any country that has majority black rulers also has the worlds highest rates of poverty, violence and poorest of quality of living standards. It is truly sickening hearing losers advocating DEBT spending for a failed cause. Another huge week. Not to late to jump in. Still another 20-30% gain ahead with almost zero downside risk. Put everything you have and can borrow into the market now and clean up. Easiest chance to make money in my lifetime.
Source: CNBC - 🏆 12. / 72 Read more »

Mohamed El-Erian: I'm 'uncomfortable' betting on continued 'huge recovery' in the stock marketThe Allianz chief economic advisor, who in early March correctly called a coronavirus-driven bear market, told CNBC he's reluctant to buy the recent reopening rally. AMERICA WILL ALWAYS RECOVER WE ARE THE GREATEST NATION IN THE HISTORY OF CIVILIZATION One thing I learned in this crisis: stop watching CNBC. He's been uncomfortable all the way up. One of many poster children defining a the so called a wall of worry
Source: CNBC - 🏆 12. / 72 Read more »