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Warpy

(111,250 posts)
13. Stocks don't seem to care because of that reckless tax cut
Mon Feb 10, 2020, 03:44 PM
Feb 2020

especially to corporations. They're doing massive stock buybacks, pumping the price for the executives and the major stockholders. The stock market is now completely divorced from the larger economy, which is not doing well.

The OP forgot the link, https://www.cnbc.com/2020/02/10/first-quarter-us-gdp-may-be-as-low-as-1point2percent-because-of-coronavirus-but-stocks-dont-seem-to-care.html

Latest Discussions»Latest Breaking News»'First Quarter GDP May Be...»Reply #13