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??? Didn't the fact that stocks are doing well in a pandemic + massive job loss also prove this? (Additionally all the stimulus given right to the 0.1%.)
by TeaDrunk 6y ago
??? Didn't the fact that stocks are doing well in a pandemic + massive job loss also prove this? (Additionally all the stimulus given right to the 0.1%.)
- drstewart 6y agoWhat "stimulus rights" were given to the 0.1%?
- deleted 6y ago[deleted]
- aphextron 6y ago>What "stimulus rights" were given to the 0.1%? Basically all of it. Unlimited free money printing, while we get a $600 check.
- KptMarchewa 6y agoNo, because you could argument that you have fair chances on stock market. Now, it's clear that hedge funds can change the rules if they don't like the outcome.
- Tenoke 6y agoNo, it can easily indicate belief that those companies will eventually recover. At any rate, plenty of stocks aren't doing well - e.g. airlines.
- robjan 6y agoIf the stocks did badly they would be at a massive discount on their future earnings and would therefore be a strong buy. Unless the pandemic would permanently damage the company or economy there is no reason for the prices to substantially drop.