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re: Dow up 250 today
Posted on 8/19/19 at 3:25 pm to HailHailtoMichigan!
Posted on 8/19/19 at 3:25 pm to HailHailtoMichigan!
day-day moves in the stock market aren't signs of actual economic movement
they are just psychologically driven from news
inverted yield curve? OH LAWD WE GOING INTO RECESSION CUZ OF HISTORICAL DATA, ABANDON SHIP!
...then those who dumped before it went down too much, then turned around and bought the dip
2007 though you saw companies losing massive amounts of money from fraud in the mortgage bonds when mortgage defaults started shooting up because of massive amounts of retards signing garbage loans
nobody knows what is going to happen, "top economists" try to put numbers together with some logic, but no one can actually predict it
they are just psychologically driven from news
inverted yield curve? OH LAWD WE GOING INTO RECESSION CUZ OF HISTORICAL DATA, ABANDON SHIP!
...then those who dumped before it went down too much, then turned around and bought the dip
2007 though you saw companies losing massive amounts of money from fraud in the mortgage bonds when mortgage defaults started shooting up because of massive amounts of retards signing garbage loans
nobody knows what is going to happen, "top economists" try to put numbers together with some logic, but no one can actually predict it
This post was edited on 8/19/19 at 3:26 pm
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