4 ms·
A very slight discount? As of writing, the Nasdaq is at all time high and the S&P only 5% below. All this with depression-level unemployment.
by danhak 6y ago
A very slight discount? As of writing, the Nasdaq is at all time high and the S&P only 5% below. All this with depression-level unemployment.
- SpicyLemonZest 6y agoAgain, this just seems like a confused perspective. Market indices measure the expected future performance of large companies, not current unemployment rates.
- danhak 6y agoIn a consumer-driven economy, current unemployment rates are inextricably linked to the expected future performance of large companies.
- jjcon 6y agoUnfortunately the people that are unemployed because of all this aren’t (in general) that important to the economy. This will only further push class disparity.