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But many people invest in commercial real estate directly or indirectly, and all those travel/retail industry companies were advertising customers for google/fb
by grey-area 7y ago
But many people invest in commercial real estate directly or indirectly, and all those travel/retail industry companies were advertising customers for google/fb, and their unemployed workers are customers for Apple and Amazon who now have no money.
That the stock market doesn't reflect main street yet after the biggest stimulus in history is perhaps unsurprising but also a little worrying.
- hunter2_ 7y agoREITs are in the gutter. Look at ETFs like ARR, TWO, AGNC over the past year. Indices like DIA, SPY, QQQ don't have much of this, though.
- MattGaiser 7y agoYou also have to consider that the stock market will probably represent a larger portion of the economy after all this, so while there may be less overall pie, if the companies on the index increase their percent of the pie, it may balance out.