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And you're right. Markets aren't coming back for a good long while.

I love it when you left wing geniuses try to project anyting economic. It makes you look even more foolish than you already are. the markets have almost fully recovered in a matter of about 45 days. How stupid do you feel now fly looper? If you don't feel stupid you should. taking any kind of financial advice from left-wing clowns like you would be like getting medications from a crack dealer.
 

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Equity markets are where rich people park their money. Grocery stores are where poor folks park theirs. Which do we have more of?
 

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fly looper stated the markets are not coming back anytime soon.

I just pointed out that he could not have been more wrong.

But, that is nothing new for you doom and gloom leftist Marxist fools.
 

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55 percent of Americans own stocks. so only the rich Park their money in equities huh, you poor fool?


No wonder you have to work nights mopping floors and cleaning shitters.
 

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I daily wonder how many companies in the last 3 months suspended their contributions to their employees 401k ( like mine did) and I wonder how many of those employees remembered 2008 & saw this years holdings drop by 1/3 & converted to cash to ride it out. I wonder if those 20 states currently with increasing COVID cases become 30 if the markets will go up or down.

Pew says it was 52% at beginning of year. I wonder if it's up or down.
 

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If you cashed out then you were a fool. Just like you would have been a fool to cash out in 2008. in both instances I not only did not cash out but I increase my contributions and have been richly rewarded as a result.

most people simply don't manage their money wisely that is a known fact in a reason why so many people our country live paycheck-to-paycheck.

wow so you are a janitor working the night shift and you still have a 401k huh?
 

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Discussion Starter #47
The equities market is euphoric over reopening and a halfway decent jobs report. Don't forget that the businesses that have been slammed hardest by COVID are small businesses. Those aren't a part of the publicly traded equities market. Wall Street doesn't much care about them. The fact that corporate entities are using COVID as a way to cut 401k contributions probably makes the stock for that company go up. The market is not an indicator of the overall health or viability of most of the country. Further, I haven't looked closely, but my expectation is that we are seeing the market pumped up by a few large companies, like Amazon and a few pharmaceutical companies who might have a vaccine. The rest of the market may or may not be riding those coattails.

We are still going to see an economy that is down well below the previous peak. Those who have been hurt worst are those who can afford it least. If they vote, it could be a significant voting block to think about.
 

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Discussion Starter #49
And here comes the retreat. 5% is 5%. When the constipated orange guppy's ongoing total fuckup with COVID management leads to the relapse, it will be worse. Dead people don't spend money. People in the ICU only spend money on medical care. But GOPers don't care. That's why evangelicals who support the constipated orange guppy are absolutely not Christians and will burn.

Down it goes.
 

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Again, taking any kind of financial advice from a clown like you is like buying your medications from a dope dealer on the street of corner of Seattle.
 

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The equities market is euphoric over reopening and a halfway decent jobs report. Don't forget that the businesses that have been slammed hardest by COVID are small businesses. Those aren't a part of the publicly traded equities market. Wall Street doesn't much care about them. The fact that corporate entities are using COVID as a way to cut 401k contributions probably makes the stock for that company go up. The market is not an indicator of the overall health or viability of most of the country. Further, I haven't looked closely, but my expectation is that we are seeing the market pumped up by a few large companies, like Amazon and a few pharmaceutical companies who might have a vaccine. The rest of the market may or may not be riding those coattails.

We are still going to see an economy that is down well below the previous peak. Those who have been hurt worst are those who can afford it least. If they vote, it could be a significant voting block to think about.
The markets are flying? Or are they flat out dumb? You are right in that markets are disconnected from the economy. What it's been doing is proof of it. One day down 6-7%...next day up 4 or 5.
It didn't used to be that way. The equities markets are really just casinos now. These wild swings are just going to drag markets down, ultimately. All those hedge funds out there must be going nuts.

An investor bought on the basis of a company's performance. Not just putting money on the pass line and hope to roll a 7. (I read somewhere! a lot of foreign money is coming into the stock market, too. Don't know the truth of it.)

Anyway, as a super senior, I don't belong in equities, especially now. Bonds are iffy, too. Too much speculating. My g/f and I are about equal in accumulated wealth. She's down something over $20K vs. pre-2020 melt down. I got out months ago and am pretty much where I was last September. OTOH, I tell my mid 30's son to buy, buy buy...He has the time. I don't.

* Economy is a shambles
*Global pandemic and a new uptick in the USA. >105,000 dead and >1 million case and rising.
* 15% unemployment
*Administration which hasn't a clue as to what it's doing

....and markets are up in the face of all that? Nonsense! Something's up. And it ain't good.
 

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Aaaaand, about a month later. Remember "uncertainty" and how that was bad for the economy when Obamacare was making somebody or something uncertain for reasons nobody could explain? Now we have the cornered rat doing all kinds of crazy stuff. The president hasn't been elected yet, so we have the kindergartener careening around, doing things that are beginning to fray even the military's willingness to go along with his orders. And unemployment claims are absolutely insane numbers now.

And, there's rioting, police crackdown and tear gas being recorded on video, and plenty of evidence that somehow the constipated orange guppy and his courtiers don't seem to think anybody can see. Getting that fat fuck out of office sooner rather than later would help. He was in the process of fucking the economy when COVID came along and gave it a shove over the edge. Then he fucked the response to COVID. Now he's in the process of fucking the response to civil unrest. And, Melania probably wont' let him touch her, as well she shouldn't. So he's busy fucking everything else. And probably Mike Pence, based on the Nancy Reagan eyes Pence always has.

So, we aren't going to see much economic good for another few months, and then it's going to be a very slow climb. When the unemployment benefits run out, it's going to get uglier.
You'll see a vaccine even if there's no vaccine. Just a few weeks before election day. I think there'll be some doctored numbers on the state of the economy, too. Trump is going to do WHATVER he has to do to get another four years. Biden will accused of having six toes and a predilection for gerbils. It's going to be really, really, REALLY ugly. Despite the polls it's entirely possible for another Electoral College victory for Bunker Boy.
 

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Wow you are really the master of making bad news out of good news. What a piece of work you are. Why do you wish so hard for our economy to fail? Are you even an American? Hell, are you even a human being?
 

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Discussion Starter #55
The idiot right doesn't understand nuance, relative levels, or anything like that. The idiot right is lucky to avoid drooling on camera. Kinda like bunker boy, who can't seem to handle a glass of water any more. I'll be interested to see what happens after the superspreader event in Tulsa.

For what its worth, there appears to be a partial therapy that looks promising. Now, whether or not it will have a substantial effect on the pandemic is another issue.
Steroids! Who knew...

For now it appears to be useful for the most dire cases, and it's not a guarantee. You know the constipated orange guppy will be in for a round of puffery and claiming victory that he, and only he could have brought about. Even though his role has been to fuck things up and make things worse. The irony is that bunker boy may get bailed out by timing and other people's work. Like has been the case his entire life. He has fucked up everything he touched, but somehow skated. Oh, well.
 

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You'll see a vaccine even if there's no vaccine. Just a few weeks before election day. I think there'll be some doctored numbers on the state of the economy, too. Trump is going to do WHATVER he has to do to get another four years. Biden will accused of having six toes and a predilection for gerbils. It's going to be really, really, REALLY ugly. Despite the polls it's entirely possible for another Electoral College victory for Bunker Boy.

not only will bunker boy when the electoral college, he will win it in a landslide. When do you liberals ever learn? The silent majority is going to put its figurative boot on your throats in November and it's going to be something to behold.
 

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For what its worth, there appears to be a partial therapy that looks promising. Now, whether or not it will have a substantial effect on the pandemic is another issue.
Steroids! Who knew...

For now it appears to be useful for the most dire cases, and it's not a guarantee. You know the constipated orange guppy will be in for a round of puffery and claiming victory that he, and only he could have brought about. Even though his role has been to fuck things up and make things worse. The irony is that bunker boy may get bailed out by timing and other people's work. Like has been the case his entire life. He has fucked up everything he touched, but somehow skated. Oh, well.
I don't know how BB claims it since it's a British team that found it. With the FDA having rescinded his miracle
hydro-therapy he'd look as desperately foolish as Twinkie posting one of his links.
 

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Another great day for America as well as investors. America wins and you fools lose. Nothing new here folks move along please.
 

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Discussion Starter #59
I don't know how BB claims it since it's a British team that found it. With the FDA having rescinded his miracle
hydro-therapy he'd look as desperately foolish as Twinkie posting one of his links.
Since when did reality ever enter into anything the constipated orange guppy has to say about anything?

tinkie-wink is just a useless troll in mommy's basement. He has nothing worthwhile to add. Kinda like the constipated orange guppy. Both of 'em suck up public funds and stroke their smug little egos with threadbare nonsense.
 

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Gaolee are you feeling secure in ur lil Chop zone? Are you out of pacifiers yet?

Why are you so preoccupied with this guy twins fan?
 
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