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they are waiting for a second influx of cash from congress.

Posted on: November 20, 2020 at 10:38:38 CT
markymarksthirdnipple STL
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It's the only reason the S&P has bounced back and hasn't gone into a second tailspin. It's a weird game of chicken and egg. Congress doesn't want to spend any more money because the market is still up. The market is still up because they expect more money. Eventually, it will come to a crash. As it always does.
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when will the market drop - meatiger MU - 11/20 10:19:22
     Market likes globalism - unless Biden's globalism threatens - alstl MU - 11/20 12:55:27
          RE: Market likes globalism - unless Biden's globalism threatens - colonel angus beef KC - 11/20 12:57:49
     Totally unknowable. And not a good idea to - Sarazen KC - 11/20 12:09:05
     i don't think it is. in fact, i think we're at the start of - phrejd MU - 11/20 10:50:30
     when the Fed stops pumping liquidity into it (nm) - ashtray UF - 11/20 10:42:49
          That is seeming to happen at the spending - meatiger MU - 11/20 10:49:23
               it has put a pause on it - ashtray UF - 11/20 10:51:52
          How about - Eggs MU - 11/20 10:44:36
          RE: when the Fed stops pumping liquidity into it (nm) - colonel angus beef KC - 11/20 10:43:54
               awesome (nm) - ashtray UF - 11/20 10:47:26
     RE: when will the market drop - colonel angus beef KC - 11/20 10:40:58
     It isn't rocket science. People who are in high risk groups - TigerMatt STL - 11/20 10:39:21
          Dude, these people literally think the government - Eggs MU - 11/20 10:41:10
          Agreed - meatiger MU - 11/20 10:40:39
     they are waiting for a second influx of cash from congress. - markymarksthirdnipple STL - 11/20 10:38:38
     I don't know, but these shutdowns are dumb AF... - Carlos Rossi KC - 11/20 10:32:24
          agreed(nm) - meatiger MU - 11/20 10:33:01
     While Bezos gets richer(nm) - hefeweizen MU - 11/20 10:29:24
          Agreed...but these shutdowns - meatiger MU - 11/20 10:32:43
               People who can work from home and are with stable - Eggs MU - 11/20 10:34:37
                    True - meatiger MU - 11/20 10:37:25
               apparently, your greed is more important than human lives - TigerNuts KC - 11/20 10:33:44
                    I'll just put on my magic underwear, and it will protect - Carlos Rossi KC - 11/20 10:44:28
                         ^ granny panties (nm) - sYsTiger KC - 11/20 10:53:43
                              Maybe?(nm) - Carlos Rossi KC - 11/20 10:57:27
          Wal Mart and other big box stores have been packed - Eggs MU - 11/20 10:30:20
               I've seen estimates as high as 16T the loss to the economy (nm) - hefeweizen MU - 11/20 10:31:42
                    Shutting the economy down is going to be WAY worse - Carlos Rossi KC - 11/20 10:41:51
                         The thing is they're not shutting down the economy - Eggs MU - 11/20 10:43:56
                    We haven't seen the true effects yet. Wall Street makes - Eggs MU - 11/20 10:36:43
                         But the market is pricing it in - meatiger MU - 11/20 10:39:47
                              Personal savings levels were up, though(nm) - Grasslands MU - 11/20 11:14:24
                              Those 20% directly affected. Far more indirectly will be - TigerMatt STL - 11/20 10:47:41
                                   RE: Those 20% directly affected. Far more indirectly will be - Eggs MU - 11/20 10:50:47
                              Agreed, good points(nm) - Eggs MU - 11/20 10:40:29
                         Indeed. CA and NY may never be the same again(nm) - hefeweizen MU - 11/20 10:37:33
                              Don't tell that to them - Eggs MU - 11/20 10:38:43
     Opps* - hefeweizen MU - 11/20 10:28:55




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