General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFresh 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?
captain queeg
(10,096 posts)There often is, but this is so dramatic I cant see how its going on. All I can think are traders playing roulette and making as much as they can before bailing.
Calculating
(2,955 posts)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)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 Bidens fault.