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re: Stock Market back up over 26,000 currently...

Posted on 6/10/20 at 11:57 am to
Posted by HTDawg
Member since Sep 2016
6683 posts
Posted on 6/10/20 at 11:57 am to
Of course it is. When the government keeps bailing out multinational corporations, giving them trillions of dollars, what do you expect? Privatize the profits, socialize the losses. The stock market has very little to do with how the average American is doing or even the the state of the country. You can also blame the Fed and their policies, which include printing money.

Your money is fine, unless you need it very soon.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64517 posts
Posted on 6/10/20 at 12:39 pm to
quote:

Of course it is. When the government keeps bailing out multinational corporations, giving them trillions of dollars, what do you expect? Privatize the profits, socialize the losses. The stock market has very little to do with how the average American is doing or even the the state of the country.


How do you explain all the world markets going up too?

Maybe it just reads weird, but it almost sounds like you're pissed that the markets are recovering.

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