Stock Market Continues Its Rise

gr8gatsby

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I am very happy to see a recovery in the stock market as I personally benefit from it. That being said, just as Industrialsize posted above the stock market is not the economy. I suspect the markets will be on a roller coaster ride for the next years as job losses continue. Many of the large publicly traded companies, major retailers, airlines, restaurant chains will file bankruptcy or comepletely go out of business. This will in time catch up with the stock market.

Additionally, the bond markets will also suffer as companies default on payments. What will happen to municipal bonds when cities are bankrupt and default?

How long can the stock market rise mirror the rise of lost jobs in America?
 

gr8gatsby

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Stock market continues to rise, and the bodies pile higher. Good campaign slogan for Trump - he's no longer 'draining the swamp,' he's just thinning the herd - of humans. Might backfire, don't ya think?
Can you fit thinning the herd on a red hat? And still have room for Donnie's big ass sharpie signature?
 
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dreamer20

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Trump's China specific increased tariffs didn't help the US economy as they increased the cost of imported Chinese goods for US businesses - which passed on those costs to consumers - and they caused China to retaliate by increasing tariffs on and reducing its amounts of US agricultural imports. Thus US businesses, consumers and farmers were adversely affected by Trump's actions. Trump and China settled their trade dispute on Jan 15, 2020. As we are now in the midst of an ongoing global corona virus pandemic Trump has renewed tensions with China and the US economy has taken a turn for the worse and continues its decline.
A stock market decline is inevitable.

China announces new tariff waivers for some US imports

https://www.usnews.com/news/economy...se-as-coronavirus-freezes-international-trade

Here are the industries suffering the biggest job losses in an initial look at coronavirus impact
 
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deleted15807

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You'd think the OP would have learned from the last awfully inconvenient ill-timed thread “Trump Just Crushes It With Job Report”. But here we are again.
 
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deleted15807

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I am very happy to see a recovery in the stock market as I personally benefit from it. That being said, just as Industrialsize posted above the stock market is not the economy. I suspect the markets will be on a roller coaster ride for the next years as job losses continue. Many of the large publicly traded companies, major retailers, airlines, restaurant chains will file bankruptcy or comepletely go out of business. This will in time catch up with the stock market.

Additionally, the bond markets will also suffer as companies default on payments. What will happen to municipal bonds when cities are bankrupt and default?

How long can the stock market rise mirror the rise of lost jobs in America?

Big government will once again have the thankless task of saving capitalism’s ass. And once everything is recovered amnesia sweeps the electorate and “big government” is quite awful until the next collapse. Time to starve it. Time to flush competent accomplished talent out.