General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLet's be clear...The rise in the Stock Market is NOT about Trump. ....
But the fact that financial relief will be coming to Americans via Congressional action.
Trump has exhibited NO Leadership combating CoronaVirus. His daily presses are about him and a platform to complain .
Tommy_Carcetti
(43,181 posts)It gives the market a momentary jolt, but there's going to be more sobering financial news for a while and I can't see this bringing us back to where we were.
BamaRefugee
(3,483 posts)this rise, fundamentally.
I see it as the wild flailings of someone drowning, just before they go under. All their hyper activity LOOKED good, but was meaningless.
global1
(25,242 posts)VWolf
(3,944 posts)You mean mini-campaign rally, right?
Hugin
(33,135 posts)VWolf
(3,944 posts)central scrutinizer
(11,648 posts)The Ponzi scheme/casino will collapse again once the hedge fund computers believe that it is time to sell and shear the flock again.
Hugin
(33,135 posts)Pump and dump is and always will be the name of the game in an unregulated market.
Amishman
(5,557 posts)Give it a few weeks and we will be well under 20k again
kurtcagle
(1,602 posts)We'll have hit bottom once volatility has left the market - when you see 8-12% swings in the market on a daily basis, the bottom's not been hit. I do not doubt that Trump's going to try to take credit for EVERY market rise, and I think the simplest remedy is to just keep calling him out on his hypocracy with campaign ads.
Cicada
(4,533 posts)D_Master81
(1,822 posts)Its not based on anything but free money that the fed is printing that we dont have. All fluff no substance The stimulus now is 10X the 2009 version.
Dem2
(8,168 posts)For a 22% loss year-to-date!
This is a terrible market right now...
customerserviceguy
(25,183 posts)I expect that the House will dither on approving the Senate's C-19 package, and there will be a sell-off on Monday.
That's the stock market gambler's motto: "Buy on the rumor, sell on the news."