I cannot believe stocks continue to climb upward, but I guess there has been no real news to scare investors. Unemployment numbers through the roof - stocks go up. Manufacturing down - stocks go up. What does Yas Forums think it will take to send the stock market back down to test its lows. Or does Yas Forums think we are going right back to near 30,000 soon?
WHAT NEWS WILL IT TAKE TO SEND STOCKS BACK DOWN TO THEIR PREVIOUS LOWS?
Sloppy job Kikes. Trump can't be stumped.
Watch for August. American Bull Trap peaks around there.
Complacency, we're there as of today. Might have a small follow-on bump on Monday but above 2900 SPX seems kind of ridiculous.
I'm not a perma bear either like a bunch of ZH addicts and money losers. This rally has been very good.
But once the narrative switches from "yah virus under control" to "wow look at the ruins of the economy" people will sell again en masse.
We are paying so boomers stay rich
Stocks will regain 60 to 70 percent of their losses within the next 30 days. When the second wave of corona hits they will lose about 20 percent then regain it quickly.
Investors are not looking at what happens today, they are looking 90 days from now.
that is because you're a know-nothing, and it shows. keep buying puts and shorting, lemme know how that works out for you over at /biz
Trump controls all the Feds now
Or did you forget?
No one cares about the dow Jones. Take t hff at shit to Facebook
I'm more curious about the unemployment numbers, and how quickly those will recover.
So, enlighten me. Tried to make this same thread on Yas Forums the other day and there were no takers. Seems all they wanna do over there is is discuss cryptocurrency.
This pandemic hasn't even started, when it peaks at 500k deaths per day and everyone is panicking, dow will be sub 1k
I dont think it ever will. Were just going to keep printing money and keeping this facade of a market propped up so the boomers and kikes stay happy. At least we may get UBI in the near future which I'm looking forward to if I'm being honest.
It's gonna crash again bigly at some point this year. Just be patient.
Because the market knows now that this was a largely manufactured democrat crisis. The moment the measures are lifted the economy will take back off.
Biz is a fucking joke, bunch of simps larping. PS longterm corona virus is a huge stock boost as it only kills the sick and the old, who don't contribute anyway. This is not a bust, they die and their kids have money to spend that's not suck in 401ks
>500 k per day
Nigger what? At what fucking point would we hit that?
>money printer goes BRRRRRRR
>"why do stocks climb?"
Second wave... more like ripple. You must be missing out on the blood test data that shows we were 100x off on all estimates of severity.
The Trump, can't be stumped.. keep Larping poor fag.
Based on what, though? People were saying it was going to go back down when the unemployment numbers came out. They came out and the market went UP. Just trying to figure out what news will REALLY shake up the market.
Because they are assets that pay dividends unlike gold or housing? No that's too complicated for you.
If they ended the quarantine scam tomorrow, the Dow would reach 36,000 in a week.
The truth. Even a 10% mortality rate is acceptable as long as medical professionals are safe and only the old die.
>What does Yas Forums think it will take to send the stock market back down to test its lows.
Time is what it will take. Time is needed for reality to sink in on the vast majority of normies, all of whom believe things will be back to pre-virus normal very soon. When the investor class finally accepts the fact that the entire world economy has been wrecked & millions will never return to work, the market will sell off BIG.
We are in for some rough times, but stock investment is future oriented, and everyone is in it for different time frames. Right now the immediate time frame is looking up, but it would take a combination of immediate improvement plus long term outlook being much better to bring us back to 30k DOW.
I am very bullish on America so I believe that time is coming sooner than later, within the year possibly. After the election people will re-asses yet again depending on the direction the President gives. If it's Trump I expect huge market optimism. If it's Biden, or really anyone else who's big on huge government and high taxes... All bets are off. The Democrats are capable of anything at this point, so who even knows if Biden will actually be the Democratic candidate. I don't see him having a chance in hell of winning and Democrats aren't ones to hesitate to pull the trigger on nominating who the party things is stronger... Or has more money.
It’s fucking fake because it’s on federal reserve life support. It’s like using steroids to treat cancer
Prepare to see your purchase power decline exponentially like the weimar republic but at the global scale.
A mass death event of retirees would in and of itself be the reason for a huge economic boom in virtually any nation. Even a small percentage would have significant economic impacts.
>I'm more curious about the unemployment numbers, and how quickly those will recover.
Most of those layoffs will be permanent. No jobs for the unemployed from businesses if no revenue for businesses from customers if no customers for revenue from the unemployed if no jobs for the unemployed from businesses (you get the picture)
This is why "temporarily" shutting down an entire nation or planet is a retarded idea. Like temporarily stopping someone's heart for a day or two so you don't have too much blood getting in your way during surgery.
The market isn't the economy, it's a market. We're in a pandemic that will have a definite endpoint when leaders start to ease lockdowns. Everybody wants to buy in now and get their discounts, and they're not too worried about accidentally buying in before the bottom because the turn around is coming in months and not years anyway.
>Sorry loser
Obama is gonna have to start claiming its his economy again soon.
the stock market is not determined by the health of the american economy, the DOW is up bc it's the safest place for international capital to grow its money atm --- when china recovers, you can expect a small downturn but nothing major.
Happeningfags have blinders on man. They finally get something and they go overboard.
NOTHING. The Fed will keep this market afloat until the passes.
>he didn't buy the dip
Most of the unemployed are Mexicans. It's probably cheaper to keep them unemployed.
I understad that the measures taken today prevent future costs in treatment but i think we are going way to far...
So your claim is that people will sell off in the face of global economic meltdown... When the U.S. economy is about 10% invested in the world economy, and virtually every other nation on earth is WAY more dependent on the world economy... I see it as the exact opposite.
Dude... We're going to be one of the only men STANDING after all this breaks down. We're the only ones with the population, the consumption, the capital, the financial and physical security, and the know-how to relocate all that China shit back to the U.S. and make it actually work.
My bet is U.S. industrial boom, which was already in progress, and will only accelerate once they realize China will seize anything they need and fuck over foreign powers in an instant once the shit hits the fan. Now that the security issue is baked in, everyone is getting the fuck out of China at an accelerated rate.
The four biggest Toyota factories in the world are in Kentucky and Texas. It's only gonna get bigger. We are the safe play. Everyone else is utterly screwed. There's no where else to go with your money. It either ends up here or you gamble on losing odds.
There's going to be a massive stimulus effect when all the restrictions are lifted, from the people who kept their jobs being able to go outside again. Its not going to take more than a week for traders to realise they need to take on shopkeepers and people to pour coffee.
Sure there's been a recession but there's nothing in the way of the recovery.
The world economy is a spoof poor fag. The market always wins because its greed and fear based not production based. Production is actually increasing as they are modernizing like crazy.
next week will be a big red
It's more like stopping someone's heart because there's poison circulating in their veins but ok
Hey I'm not saying we should go around executing old people for money. I'm just saying that's the brutal economic truth. Old people own much and consume very little. They draw tons on government resources and because of how the retirement system was set up in the U.S. it's a net loss every time. Social security was set up when people lived to 65 on average, so about half of the people paying into the system would die before they collect anything.
If anything this is a testament to how fucked up Americas (and many other nations) social safety nets are set up, not a moral imperative to infect old folks homes with Covid-19 to balance the federal budget.
>poor fag
I’m not poor user! I got my TrumpBUX day before yesterday! Pic relevant.
I'd like to see that data, where can I find it