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Economy

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RazzleCat

(732 posts)
Mon Aug 10, 2020, 05:06 PM Aug 2020

I am so confused, I get the market and the economy are different [View all]

but why has the market not nose dived yet? I don't want it to, I am invested in it to a large extent. I have set my mind that I can expect a huge drop and have to do the mantra that you don't loose till you cash out. But again, if the market is so smart why has it not reacted? If the consumer has no money, they don't purchase, if they don't purchase than business can't prosper? Again I get they are different, but are they not co-dependent? I learned that the economy fuels the market, and I see no fuel in the pipe line.

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My tinfoil hat theory.. cilla4progress Aug 2020 #1
Well, one thing no one has mentioned is that the Market is looking forward to a big Biden victory. Hoyt Aug 2020 #2
Answer: $6 Trillion Bailout OneBro Aug 2020 #3
Look at the composition of the indexes Abnredleg Aug 2020 #4
The strong Dow seems to be mainly a handful of stocks, as I understand it. PoindexterOglethorpe Aug 2020 #5
I have taken some out, the rest RazzleCat Aug 2020 #13
Sounds like you're doing it the right way. PoindexterOglethorpe Aug 2020 #14
The Market is a rich person's game. iemitsu Aug 2020 #6
Which is why I "piggyback" on the market. Rich people's interests always prevail. Midnight Writer Aug 2020 #8
Seems that way, doesn't it. iemitsu Aug 2020 #12
If you think of it that way, if you think the only thing to do is to "play" PoindexterOglethorpe Aug 2020 #15
Capitalists have a ton of money. Laelth Aug 2020 #7
Personal income was up 7.3% in the 2nd quarter, and up 10.1% over Q2 2019 progree Aug 2020 #9
There is no place else to put money. Banks and bonds doc03 Aug 2020 #10
The market always eventually comes back, umm, it took 16 years for the Dow to get back to progree Aug 2020 #11
Here's a link to an interesting article about the Dow 1966-1982. PoindexterOglethorpe Aug 2020 #16
Most people don't own the entire market. They own individual stocks and/or several mutual progree Aug 2020 #17
The market has not nose dived yet because there is no reason for it to nose dive. PoindexterOglethorpe Aug 2020 #18
The market did dive: the S&P 500 declined 33.9% from February 19 to March 23 progree Aug 2020 #19
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