"You've got to be kidding me," Silverblatt said. "4%? You meant 40%."
The widespread protests currently dominating the news cycle are unlikely to have a big effect on the stock market unless investors see a risk of long-term economic damage, experts said.A 34% decline in the S&P 500 wasn't reflective of the pandemic's likely effect on the long-term U.S. economy, said Preston Caldwell, senior equity analyst at Morningstar.
The Federal Reserve has also used aggressive measures to make sure businesses and municipalities can access ready cash.
Three letters the FED
Apr and May hv already washed out. Economic activities were almost nothing. wrt previous year, economic growth was negative but still stock markets are up. This is manipulation. Be ready for a great fall. It's just the question when!
tell that to the goofy in chief
Because the Fed is determined to increase wealth inequality. CNBC knows this because they actively promote it.
Despite bleak economic news, markets rebound. Why? BRRrRrRrRrRrRrRRRrRrRr🖨🖨🖨🖨🖨💸💸💸💸💸💸💸
The Fed has propped up equity prices, inflated bond prices and distorted every asset price relationship in the world. Forget forward looking, the US equity market passed absurd a long time ago. The Fed has no business manipulating equity prices any longer
Magic, I thought they look GDP and companies growth, consumer confidence u know shit like that
The more the government borrows/debt the higher asset prices go. If you own things it’s great if you don’t the opposite is true the buying power of the dollar drops which feels like a price increase for everything you buy or rent.
Is this supposed to be news?
It’s because it’s a fake market that is driven off of the Fed! It’s amazing what trillions of helicopter money will do to distort asset prices. Opt out; buy bitcoin.
Wait till everyone tries to use the exit door at the same time. When? July. Innuendo is replaced by actual cash losses. Sept. MSM convinces people Biden is going to win.
The stock market is not an honest market. It's totally being manipulated by the Federal Reserve and US Treasury to enrich their cronies.
It's a legal casino.
The stock market is a Federal Reserve targeting tool to improve confidence. If confidence falls, the market will too until the Fed decides to print even more dollars to benefit the monied class so they can buy more stock. It's a manipulated scam per and simple.
Insane :) , but I'm making money!
one day they say market is reflection of economy, today they say market not economy. Spin to their agendas. Wall Street is gambling people hard earn money away.
Forward looking ….. rose colored glasses
remember in 2008 there were a couple of Huge increases before the Final Flush into the abyss....so who knows
It’s a casino.
Exactly
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