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Message
Dow rises 3rd straight day
Posted on 5/28/20 at 8:35 am
Posted on 5/28/20 at 8:35 am
Big rebound so far this week! Up over 25,600 so far
Posted on 5/28/20 at 8:38 am to deltaland
Everyone sitting at home on Robinhood FOMOing lol
Posted on 5/28/20 at 8:39 am to deltaland
Just like that it’s in the red.
Posted on 5/28/20 at 8:39 am to deltaland
building materials stocks soaring, going to have to replace all the shite the rioters are burning down.
Posted on 5/28/20 at 8:40 am to deltaland
The Dow is racist!!!!!!! -democrats
Posted on 5/28/20 at 8:41 am to deltaland
Target up .75% - lots of customers when that shite freeeeeeeee
Posted on 5/28/20 at 8:46 am to deltaland
quote:It's going to be a rocky summer IMO. We're now trading at June 2019 levels, when unemployment was 3.7%. At some point that reality will hit.
Big rebound so far this week! Up over 25,600 so far
Posted on 5/28/20 at 8:47 am to NC_Tigah
yeah but a fair amount of people are making more money now than they were when unemployment was 3.7%.
I'll start to worry if unemployment doesnt trend downwards after the $600 gibs me dats expires
I'll start to worry if unemployment doesnt trend downwards after the $600 gibs me dats expires
Posted on 5/28/20 at 9:18 am to deltaland
Lauding the Dow is a trap. If it returns to its pre-virus level, but unemployment is still at depression levels, it will easily be played as Trump only caring about the rich Wall St. people.
Posted on 5/28/20 at 9:20 am to deltaland
Trump has control of the Plunge Protection Team.
Posted on 5/28/20 at 9:23 am to Tiguar
quote:
I'll start to worry if unemployment doesnt trend downwards after the $600 gibs me dats expires
What if they extend the $600 to 2021?
Posted on 5/28/20 at 9:25 am to LSU316
They won’t, but they may make a portion of it permanent for everyone.
Posted on 5/28/20 at 9:33 am to Tiguar
quote:
They won’t
I'm concerned....the Senate is already showing sign of "negotiating" on the Heroes Act....I'd imagine that the stimulus checks and extending the UI increase would be things they would keep....I hope I'm wrong.
quote:
they may make a portion of it permanent for everyone.
Deadly.
Posted on 5/28/20 at 10:18 am to deltaland
Considering the completely bogus and unwarranted shutdown, and the fallout from it, this economy is still ready to absolutely explode.
It's truly incredible if you really think about it. Under any other president's policies, we would be third world already by now.
It's truly incredible if you really think about it. Under any other president's policies, we would be third world already by now.
Posted on 5/28/20 at 10:20 am to deltaland
This is, of course, the day I need it to go DOWN (COB today is TSP share purchases for my retirement).
Posted on 5/28/20 at 10:22 am to blueboy
quote:
it will easily be played as Trump only caring about the rich Wall St. people
True that they will, but hard to get the middle class swing voters to buy in since many of them have 401k accounts.
Posted on 5/28/20 at 10:23 am to LSU316
Heroes act will be negotiated. Trump himself already expressed desire for another round of stimulus.
I feel like extending unemployment is a non-starter for him, though. But I may be wrong
I feel like extending unemployment is a non-starter for him, though. But I may be wrong
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