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re: Our President is tweeting about the economy!

Posted on 6/3/20 at 9:05 pm to
Posted by NIH
Member since Aug 2008
112745 posts
Posted on 6/3/20 at 9:05 pm to
Who gives a frick about the stock market

Unemployment is out of control
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45381 posts
Posted on 6/3/20 at 9:07 pm to
quote:

Who gives a frick about the stock market Unemployment is out of control

Well if the stock market is tanking there probably won’t be any hiring.
Posted by conservativewifeymom
Mid Atlantic
Member since Oct 2012
12033 posts
Posted on 6/3/20 at 9:08 pm to
I recommend you read a basic economics book.
Posted by uppermidwestbama
Member since Nov 2014
2097 posts
Posted on 6/3/20 at 9:19 pm to
quote:

Unemployment is out of control


Not anymore. Layoffs have really slowed down and many, many businesses brought back their furloughed employees.

Sure there will still be ripple effects for a couple of more months, but the worst is well pass us.
Posted by Ole Ag
Member since Oct 2018
2246 posts
Posted on 6/3/20 at 9:33 pm to
NIH. So you don't care about the stock market? I assume you are young, not smart or just poor. People who have worked hard for decades and saved for decades lost hundred(s) of thousands of dollars in their portfolios due to covid. Some way more than that. They are happy to see 80%+ of that back. I was shitting bricks a month or so ago. So Yeeeaaa, stock market didn't crater and ruin many lives.

If you still don't care, start investing so you can be scared next time too.
Posted by UnoMe
Here
Member since Dec 2007
5623 posts
Posted on 6/3/20 at 9:38 pm to
Those numbers will come back when food service opens and government money runs out at end of July
Posted by Rocco Lampone
Raleigh, NC
Member since Nov 2010
3051 posts
Posted on 6/3/20 at 9:41 pm to
quote:

Unemployment is out of control


Until 8/1, then it will come back down swiftly.
Posted by SmithsAuFan
San Diego, CA
Member since Jul 2013
1665 posts
Posted on 6/4/20 at 2:08 am to
quote:

Unemployment is out of control


A lot of it will be the Blue states.
Posted by countrytiger60
Larose
Member since Sep 2018
3654 posts
Posted on 6/4/20 at 6:26 am to
I care about the stock market. I worked 40 years in the oilfield. put a lot of money in the market. the economy was doing great until the democrats released the corona virus. so I say screw the democrats and their cult members!
Posted by pbro62
Baton Rouge
Member since May 2016
11455 posts
Posted on 6/4/20 at 6:30 am to
Get a job loser
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