U.S. stocks see best quarter since 1998

JustRight
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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.”
kevwr1962
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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.”
Well, that will piss off some people on the left. I don't know how or why, but it will.
Why do I feel some sort of ridiculous retort will occur in 3.........2........1...........
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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.
JustRight
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kevwr1962 wrote: Tue Jun 30, 2020 4:30 pm
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.”
Well, that will piss off some people on the left. I don't know how or why, but it will.
Looks like you called that right! 😂
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Pock
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Maybe it's my age but the stock market is out of sight out of mind. Don't get me wrong, I'm betting on it big with my retirement but that's still decades away.
JustRight
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Last edited by JustRight on Tue Jun 30, 2020 7:02 pm, edited 1 time in total.
JustRight
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Pock wrote: Tue Jun 30, 2020 6:23 pm Maybe it's my age but the stock market is out of sight out of mind. Don't get me wrong, I'm betting on it big with my retirement but that's still decades away.
Then NOW is the time for you to be investing as aggressively as possible.
You won’t regret it.
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Pock
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JustRight wrote: Tue Jun 30, 2020 7:00 pm
Pock wrote: Tue Jun 30, 2020 6:23 pm Maybe it's my age but the stock market is out of sight out of mind. Don't get me wrong, I'm betting on it big with my retirement but that's still decades away.
Then NOW is the time for you to be investing as aggressively as possible.
You won’t regret it.
You've over taken the top poster trophy!
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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.
JustRight
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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.
I’ve been off PeoriaDotCom for a while. I guess I missed it when you were bragging about record-low unemployment.
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