From the Wall Street Journal:
“ The S&P 500 is on track to finish the quarter up 19% at 3077, while the Dow Jones Industrial Average is up 17% at 25670. Both benchmarks are poised for their biggest percentage gains since the fourth quarter of 1998.”
U.S. stocks see best quarter since 1998
Well, that will piss off some people on the left. I don't know how or why, but it will.JustRight wrote: ↑Tue Jun 30, 2020 3:04 pm From the Wall Street Journal:
“ The S&P 500 is on track to finish the quarter up 19% at 3077, while the Dow Jones Industrial Average is up 17% at 25670. Both benchmarks are poised for their biggest percentage gains since the fourth quarter of 1998.”
Why do I feel some sort of ridiculous retort will occur in 3.........2........1...........
- Joepyeweed
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It’s typical to have record gains right after record losses.
The stock market recovered from the huge losses in March. It is up about 10% since January. So the future Indicators are looking good.
So what to do about the unemployment rate. Will that bounce back as quickly as the stock market? As virus cases numbers Continue to rise, I am concerned the Unemployment rate is not going down any time soon.
The stock market recovered from the huge losses in March. It is up about 10% since January. So the future Indicators are looking good.
So what to do about the unemployment rate. Will that bounce back as quickly as the stock market? As virus cases numbers Continue to rise, I am concerned the Unemployment rate is not going down any time soon.
Looks like you called that right!kevwr1962 wrote: ↑Tue Jun 30, 2020 4:30 pmWell, that will piss off some people on the left. I don't know how or why, but it will.JustRight wrote: ↑Tue Jun 30, 2020 3:04 pm From the Wall Street Journal:
“ The S&P 500 is on track to finish the quarter up 19% at 3077, while the Dow Jones Industrial Average is up 17% at 25670. Both benchmarks are poised for their biggest percentage gains since the fourth quarter of 1998.”
- Joepyeweed
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Bragging about record gains in the stock market while the unemployment rate is approaching 15% is a “let them eat cake” statement. The pitchforks come next.
I’ve been off PeoriaDotCom for a while. I guess I missed it when you were bragging about record-low unemployment.Joepyeweed wrote: ↑Tue Jun 30, 2020 10:30 pm Bragging about record gains in the stock market while the unemployment rate is approaching 15% is a “let them eat cake” statement. The pitchforks come next.