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Economy

elleng

(130,862 posts) Mon Aug 10, 2020, 04:09 PM Aug 2020

Markets up so why, if

'Trump directives prompt confusion and criticism as stimulus talks stall?'

https://www.nytimes.com/2020/08/10/world/coronavirus-covid-19.html?

S&P 500
+0.27%
Dow
+1.30%
Nasdaq
-0.39%

3 replies

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Markets up so why, if (Original Post) elleng Aug 2020 OP

There has been some rotation out of big tech brokephibroke Aug 2020 #1

Thanks elleng Aug 2020 #2

With interest rates at zero.... calguy Aug 2020 #3

brokephibroke

(1,883 posts)

1. There has been some rotation out of big tech

Reply to elleng (Original post)

Mon Aug 10, 2020, 04:12 PM

Aug 2020

Into more value stocks. Plus some positive rhetoric out of Congress about a deal. My $.02.

elleng

(130,862 posts)

2. Thanks

Reply to brokephibroke (Reply #1)

Mon Aug 10, 2020, 04:18 PM

Aug 2020

calguy

(5,305 posts)

3. With interest rates at zero....

Reply to elleng (Original post)

Mon Aug 10, 2020, 05:19 PM

Aug 2020

The stock market is the only place to get a return on your money. Plus throw in many trillions of dollars from the FED to prop it up, and you have a market poised to hit new all time highs while the economy is in danger of slipping into a depression.u

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