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PRE-MARKET DATA (Original Post) turbinetree Apr 2020 OP
So, US Industrials Are Down ProfessorGAC Apr 2020 #1
Yepper spot on....................they think there out of the woods turbinetree Apr 2020 #2
Financial probably includes insurance companies. Xolodno Apr 2020 #3
All Good Points ProfessorGAC Apr 2020 #4

ProfessorGAC

(64,852 posts)
1. So, US Industrials Are Down
Sun Apr 19, 2020, 06:41 PM
Apr 2020

But, tech, comm, & financial is up?
That's an interesting dichotomy. Huge, cash lean companies losing value but cheap money banks will do well enough to bump up overall value? With teleworking, I suppose tech and comm futures rising makes some sense.
Interesting that the European numbers were all green. Thinking they're out of the woods?

turbinetree

(24,683 posts)
2. Yepper spot on....................they think there out of the woods
Sun Apr 19, 2020, 07:21 PM
Apr 2020

this picture show is going to go down in flames.........trying not to be negative, but the models show that doing one thing against an a unknown, does not end well ..........

Xolodno

(6,383 posts)
3. Financial probably includes insurance companies.
Sun Apr 19, 2020, 07:44 PM
Apr 2020

They are still working and collecting Premiums. With the shut down, the loss costs on auto, workers comp, property and casualty etc. has probably cratered. As evidence, many of the big companies are offering rate reductions, rebates, etc.

Usually when we hit a recession, we see an increase of claims, such as slip and falls at places of employment...but everyone was put out of work rather suddenly. I suspect homeowners claims will start rising as the toll of unemployment starts to grip, during normal times, most people will fix a covered issue themselves. But when your out of work, you can't afford to fix it yourself.

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