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Calculating

(2,955 posts)
Mon Jul 20, 2020, 04:31 PM Jul 2020

Fresh all-time highs on the Scamdaq

Honestly I can't wait for the extended unemployment to end and for this mother of all bubbles to burst. Never before have I SEEN such a disconnect between the stock market and economy. The tech sector is absolute white hot while the fundamentals of our country have never been worse. It was bad enough having income inequality, but now we have stock inequality as well. It's like 10 tech stocks are all that matters anymore in this country. I mean hey, we can obviously just be a country with everyone is paid to stay home and order stuff off Amazon while watching Netflix and Youtube all day. What could ever go wrong?

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Fresh all-time highs on the Scamdaq (Original Post) Calculating Jul 2020 OP
Yeah there really seems to be a disconnect captain queeg Jul 2020 #1
The numbers required for this don't even make sense Calculating Jul 2020 #2
The Fed is literally pouring trillions into the market SoonerPride Jul 2020 #3

captain queeg

(10,096 posts)
1. Yeah there really seems to be a disconnect
Mon Jul 20, 2020, 04:34 PM
Jul 2020

There often is, but this is so dramatic I can’t see how it’s going on. All I can think are traders playing roulette and making as much as they can before bailing.

Calculating

(2,955 posts)
2. The numbers required for this don't even make sense
Mon Jul 20, 2020, 04:36 PM
Jul 2020

Tesla just randomly went up 10% around noon today, that's the entirety of Ford's market cap added on in hours. Amazon up 8% in a day is like 100B out of thin air. How do people have SO MUCH money to even invest right now?

SoonerPride

(12,286 posts)
3. The Fed is literally pouring trillions into the market
Mon Jul 20, 2020, 04:40 PM
Jul 2020

It is a no lose proposition now.

Zero risk.

All reward.


It is propped up for trumps election.

Then it will collapse when Biden is elected and trump
Will scream it is Biden’s fault.

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