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/biz/ - Business & Finance


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18073310 No.18073310 [Reply] [Original]

How can the market be on such a high rise with all but stores closed and half od the population out of work? Is this caused by the money printer and will it last? Is this gonna be the biggest dead cat bounce?

>> No.18073655

>>18073310
The elites will do whatever it takes to not lose their billions / trillions. They have tricks no economist has ever thought of.

It will last until there's a revolution. But a revolution won't happen because they have tricks for that too

>> No.18073737

This is just natural market movement. Any time it's crashing there are still big upswings on the way down, this is due to too many people on the short side and not enough people selling, it creates upward pressure. It's like how there are still red days in a bull market.

The economy has effectively screeched to a halt for the next month. That is going to make a massive dent in a market that grows off of the assumption of constant underlying economic growth.

>> No.18073739

>>18073310
Trump has indicated that he will not put the economy on hold to save lives. The market will be fueled by americans dying like rats over the next months. This is extremely bullish.

>> No.18073778

>>18073655
Getting rid of the internet is the only chance we have left

>> No.18073790

>>18073310
this virus has the economy completely FUCKED. china is destroying the US and Europe with bio viral warfare. it has the west by the balls right now.

>> No.18073847

>>18073790
Nah. Declare martial law. Freeze all bills, rents, loans, etc. Freeze the market. Focus on logistics, rationing, containment, etc. Get through this in maximum 18 months. Life continues. Unfreeze everything. Life continues.

>> No.18073876

>>18073310
It's because "market" was a farts inflated meme-game with no basis in the first place.

>> No.18073890

The economy grinding to a standstill and millions of Americans losing their jobs in just a month has already been priced in. Half of the GDP of the US being summoned out of thin air within a two month timeframe has already been priced in. The economy no longer wants or needs normal people to function.

>> No.18074019

>>18073847
> t. Basement economist.

>> No.18074371

It's all a bunch of centralised databases with ones and zeros. The fuckers can show you whatever combination of ones and zeros you want. They can change the demand, the supply, the volume, the everything. It's all a meme. They can keep it artificially up for many months. Oh you want cash? Sorry we don't have the cash reserves, but we can just add some ones and zeros to your bank account :). You can use those numbers to buy products and services and pay taxes.

>> No.18074542

>>18073847
everybody point and laugh at this stupid motherfucker

>> No.18074568

>>18073890
It is not priced in at all. Another 20-40% drop is coming. Buy PNK to hedge.

>> No.18074570

>>18073847
It's called Marshall law, retard.

>> No.18074715

>>18073310
Priced in

We all knew this was coming & markets falling 30% in a month is pretty significant. No one expects this to last long-term though, thats why its not tanking harder

>> No.18074848

>>18074715
Takes 3 weeks to start forming new habits. People in lockdown for months will permanently wreck pubs, restaurants, clubs, etc. because a significant part of the populace might just realize they don't need to leave the house and get drunk every night to have fun.

>> No.18075299

>>18073310
fucking dead cat bounce
we will loose another 40% in the next 2 month

>> No.18075366

>>18073310
You need to understand that markers don't follow any logic at all. It is more like a casino than anything else.

>> No.18075402

Markets aren't smart. Markets are easily fooled. A short term pump in the middle of a crisis can fool it. Public assurances that market interruptions will be "over soon" even in the face of rising disaster levels that threaten market solvency can work to create a pump. Even when the course of action promised to "fix" the problem is likely to ultimately make it far worse the market can be fooled.

Markets are dumb. The economic elite aren't necessarily that much smarter.

>> No.18075441

Ah, a bobo copium hopium thread. Pay your rent, bills and loans retards, your extinction larp comes to a close shortly.

>> No.18075446

>>18074848
This is an interesting point.
The last couple of weeks my health has noticeably improved and I'm sure it's because I haven't been out drinking.
I am 26 though and so I'm probably at an age where I may have been likely to notice this any way as I'm kind of past the party animal age.
Still though it's an interesting point. I was thinking of buying stocks in Netflix and video game companies for this reason >>18074848

>> No.18075498

>>18073739
>Dead boomers and mega pumps
Sign me the fuck up

>> No.18075532

>>18073847
>18 months

>> No.18075542

>>18074570
it''s called Marital law, retard

>> No.18075569

>>18075299
pls pls pls be right.
how long do i hold my shorts
desu

>> No.18075671

>>18073310
this chart pattern is called a dead bat bounce.

>> No.18075882

>>18073739
>10 million boomers wiped out
>including Biden and Bernie
>economy saved
>survivors immunized
>Asia in permanent lockdown
>New York traumatized for decades
>Yang wins comfortably come November

Truly the hero that America deserves.

>> No.18076826

>>18074848
Haha no. If anything normies will rekt themselves at bars much harder when this is over. Im half normie and I know I will.

>> No.18076950

>>18076826
>half

>> No.18077067
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18077067

>2008 printed 2 trillion
>2020 printing 6 trillion

>> No.18077172
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18077172

>>18076950
No YOU are half

>> No.18077963

>>18074542
Topkek. This is why I come here.

>> No.18079389

>>18075542
It's called Marshel Law, retard

>> No.18079465

>>18077067
printing 6 trillion..... so far

i bet we pass $100 T before it's all over