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NewsCenter28

(1,837 posts) Sat Apr 25, 2020, 03:41 AM Apr 2020

Report: Wall Street believes economy to be relatively unscathed from Coronavirus Pandemic!!! [View all]

https://www.ccn.com/dow-futures-crawl-higher-as-investors-cling-to-main-street-cash-infusion/

Everything is wonderful, don't you know? 20%+ unemployment, 100,000+ DEAD? Who cares?!

Investors’ muted response to mounting evidence of economic destruction can be attributed to faith that one way or another, the U.S. economy will emerge from the coronavirus crisis relatively unscathed.

18 replies

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Report: Wall Street believes economy to be relatively unscathed from Coronavirus Pandemic!!! [View all] NewsCenter28 Apr 2020 OP

Life is so difficult Under COVID-19 Crouse Apr 2020 #1

It was pretty tough in WWII and the Great Depression, too ... marble falls Apr 2020 #7

It was touch and go for a while during Cop Rock lame54 Apr 2020 #9

Is that the one where they taught pigs to sing? marble falls Apr 2020 #17

They see only their portfolios: people falling out of the cash economy become invisible to them struggle4progress Apr 2020 #2

Do they also believe that Little Miss Muffet sat on a tuffet, eating her curds and whey? DFW Apr 2020 #3

This is from some weirdo crypto currency website HarlanPepper Apr 2020 #11

Sounds like they're in mucho Denial. Nt raccoon Apr 2020 #4

Wall Street thought things were fab a week before the last crash too. Squinch Apr 2020 #5

I believe in the W-shaped recovery Shermann Apr 2020 #6

These up and down market swings are Heaven to high speed professional traders. Midnight Writer Apr 2020 #8

What is CCN? HarlanPepper Apr 2020 #10

From their website Fla Dem Apr 2020 #12

Weird someone would post from an outlet that has some kooky anti Biden story on their front page. HarlanPepper Apr 2020 #14

the dow is DOWN almost 6,000 points from it's high 8 weeks ago...this appears to be fantasy... spanone Apr 2020 #13

If/when we come out of most stringent shelter in place RT Atlanta Apr 2020 #15

Our entire economy BGBD Apr 2020 #16

*** DON'T FALL FOR THIS !! *** "Investors" were waiting on an 5/1 open cause Red Don implied ... uponit7771 Apr 2020 #18