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/biz/ - Business & Finance


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18446071 No.18446071 [Reply] [Original]

>16 million jobless while DOW rebounds

>C-CLOWN ECONOMY!!!!1
>RIGGED GAME!!!
>BRRRRRRRR LOL

Why is /biz/ so fucking stupid?

>> No.18446130

>>18446071
priced in

>> No.18446248

>in the past some people said bad things would happen and good things happened so bad things can't happen checkmate

Why is /biz/ so fucking stupid?

>> No.18446320

>>18446071
People will parrot their clown world conspiracy whenever the economy does not behave exactly as they think it should. Because there are only 2 conclusions: my understanding of economics is limited or nothing can make sense so I shouldn't feel guilty about not understanding it. It's a kind of absurdism for idiots

>> No.18446326

But it is a rigged game. Your pic just proves the point. It was rigged then and it's rigged now

>> No.18446342

>>18446248
No you retarded nigger - DOWs rising, because all the negative stuff has already been priced in. The only way we'll see a further drop, if something drastic happens to quarantine lifting schedule, and looking at southern Europe, it seems very unlikely. We have reached the bottom.

>> No.18446345

>what is a bubble
Screencapped this post to use it in a couple of weeks

>> No.18446346

HONK HONK

>> No.18446348

>>18446071
CRY harder bitch

>> No.18446364

>>18446342
>all the negative stuff has already been priced in
Literally the most retarded buzz word in the history of buzz words.

>> No.18446380

>>18446071
It's only rigged from the media's side. If you literally don't watch the news you could observe the market from an unemotional viewpoint.

But when the price is steadily moving upwards the mainstream media is fudding it. Wonder why? They get paid to do so and their script is pre-written. When the price drops guess what? They get paid to fud. Again.

>> No.18446391

>>18446380
lmfao

>> No.18446408

>>18446364
It's literally the fucking truth. The markets are already speculating on the recovery, not the downfall.

>> No.18446424

>>18446071
Almost like 16M jobs were useless from the point of view of the stock market. Go learn a trade.

>> No.18446442

>>18446342

BBBRRRRRRRRRR

>> No.18446447

>>18446342
it wouldn't go up if the only reason was that the negative stuff was priced in, in this case DOW wouldn't move at all (or would increase by approx. the average growth rate over the past years). The reason why it goes up is that either the market overestimated the negative impact of corona and is now adjusting or is now underestimating the impact.

>> No.18446465

>>18446424
I'm mocking the clown economy shitposters, friend. I'm well aware the jobless figures have been taken into account.

>> No.18446486
File: 468 KB, 750x1136, 113BB593-5A3F-4801-9FA1-41EEFBBDB8BD.jpg [View same] [iqdb] [saucenao] [google]
18446486

>>18446424
This. Imagine thinking this is an economic crash, not a reset

>> No.18446487

>>18446424
Annon I've been saying this for years, I started online dating 2 months ago and most of the girls saying they were unemployed were in some bullshit marketing/hr/social media role. Absolute fluff jobs.

>> No.18446510

>>18446487
Mr. Rowe i salute you.

>> No.18446550

>>18446486
Automation is still easy in its infancy. Got a job offer for robot tech, but was paying only a third of what i make. I expect it's primarily because the service company didn't have enough customers yet.

>> No.18446578

>When there is good news, markets go down because it wasn't good enough
>When there is bad news, markets go up because it wasn't as bad as it could have been

It... actually makes sense

>> No.18446635

>>18446071
Check the balance sheet

>> No.18447030

Why is biz full of economically illiterate retards?
The markets clearly have nothing to do with the economy.
Half of the market is held by the top 1%. Saving the market is about saving them.
There is no "pricing in" jobless claims.
The repercussions of 16 million new jobless claims (and growing) will not felt for weeks even months.
If the markets were a reflection of the economy, and not some absurdly obvious ponsi scheme, and everything was "priced in" we would be sitting at around 15000.
Everything was overvalued.
The "pricing in" was happening when the markets were tanking.
At this point, this shit is so artificial and if you can't see that than you are beyond retarded and should kys immediately. You were mildly retarded if you thought this was a real market for the past 8 years.

>> No.18447470

>>18447030

*WOOP WOOP*

*RETARD ALERT*

*WOOP WOOP*