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If they were at all time highs the stock market would not be done so much.
by coldcode 4y ago
If they were at all time highs the stock market would not be done so much.
- fzeroracer 4y agoThe stock market hasn't been connected to reality for years. Companies which produce nothing and are deep in debt have high stock value purely on basis of speculation. Most companies that report layoffs, tough times etc also report record levels of profit because it's not enough to be profitable, you have to go well above and beyond profit. You have to squeeze out everything even at the cost of short term stability.
- lotsofpulp 4y agoWhich companies that produce nothing and are deep in debt have shown growth in market cap? From what I can tell, the biggest gains have been at companies that have very strong profits and prospects due to high barriers of entry to their business, and the companies with steady but small profits do okay, and the companies not earning any profits have shown losses.