Why Is The Stock Market Doing So Well In A Bad Recession?

P

PoliTalker

Diversity Makes Greatness
Seems a bit baffling.

It's like nobody told Wall Street there is a serious recession going on.

There is lots of bad economic news out there, but investors don't seem to care.

Is it only a recession for vulnerable disadvantaged people?

Have the big corporations they invest in figured out how to make money no matter what happens to the powerless?

How long can that go on?

Are we inching closer to a big crash when the human support mechanisms for all this wealth extraction begin to crack and fail?

Will there be an 'October Surprise?'

Please explain, thanks.
 
Maybe they don’t teach this in school but the stock market isn’t the economy. Too many people don’t see to be aware of that.
 
PoliTalker said:
There seem to be two different economies.

One for the rich and another for everybody else.
Click to expand...

You celebrate when the stock market goes down:

PoliTalker:

"Dive, market, DIVE!

Take DT down with you.


02-28-2020, 06:47 AM #5 | Top
PoliTalker


"Sometimes things have to get worse before they can get better.

We're going down.

BZZZZZT! BZZZZZT! BZZZZZT!

Dive! Dive! Dive!"

Millions of Americans and their families were hurt by the virus from China that China failed to contain and you celebrated the stock market drop.
 
PoliTalker said:
There seem to be two different economies.

One for the rich and another for everybody else.
Click to expand...

A lie.

More than half of U.S. households have investment in stock ...
www.pewresearch.org › fact-tank › 2020/03/25 › more...
Mar 25, 2020 - The statue “Fearless Girl,” across from the New York Stock Exchange, wearing a ... plans, with the values of many of these plans linked to the stock market. ... of American families (14%) are directly invested in individual stocks,
 
PoliTalker said:
Seems a bit baffling.

It's like nobody told Wall Street there is a serious recession going on.

There is lots of bad economic news out there, but investors don't seem to care.

Is it only a recession for vulnerable disadvantaged people?

Have the big corporations they invest in figured out how to make money no matter what happens to the powerless?

How long can that go on?

Are we inching closer to a big crash when the human support mechanisms for all this wealth extraction begin to crack and fail?

Will there be an 'October Surprise?'

Please explain, thanks.
Click to expand...

This is what happens when you have a massive wage and wealth gap. The money does not trickle down to those that need it. The money goes into a giant poker game played by the wealthiest Americans. When they get a run of bad cards, they cash out, and wait for things to get better. It is an exchange of billions of dollars that produces absolutely nothing. Of course we can't take that money away from them and actually put it back into the economy. Because we'd be punishing the 'job producers'. That's how stupid the conservative movement has gotten. They're fine with their money going not to create new jobs, but to create more wealth for the already wealthy.
 
the market is seeing future growth - jobs numbers etc.
But it's still a future indicator and if Biden wins will crash due to taxes and new regulations killing jobs
 
Concart said:
This is what happens when you have a massive wage and wealth gap. The money does not trickle down to those that need it. The money goes into a giant poker game played by the wealthiest Americans. When they get a run of bad cards, they cash out, and wait for things to get better. It is an exchange of billions of dollars that produces absolutely nothing. Of course we can't take that money away from them and actually put it back into the economy. Because we'd be punishing the 'job producers'. That's how stupid the conservative movement has gotten. They're fine with their money going not to create new jobs, but to create more wealth for the already wealthy.
Click to expand...

What does any of what you said have to do with why the stock market is booming, especially the conservative movement?

One doesn’t need an advanced degree in economics to understand the Fed’s actions are the driver of what we are seeing in the market (there’s also the element of betting on an economic recovery). This past decade we’ve experienced the worst economic recovery since the Great Depression yet the stock market boomed thanks largely to three rounds of QE and continued easy money policies of the Fed. Now the Fed is QE on steroids.

Additionally where else would you put your money right now?
 
PoliTalker said:
Seems a bit baffling.

It's like nobody told Wall Street there is a serious recession going on.

There is lots of bad economic news out there, but investors don't seem to care.

Is it only a recession for vulnerable disadvantaged people?

Have the big corporations they invest in figured out how to make money no matter what happens to the powerless?

How long can that go on?

Are we inching closer to a big crash when the human support mechanisms for all this wealth extraction begin to crack and fail?

Will there be an 'October Surprise?'

Please explain, thanks.
Click to expand...



When we have a crisis the rich always do better much better...The rich are able to buy up everything for pennies on the dollar''
The stock market has it's own game going on..it only cares about the people when and if it effects the market...
The market doesn't pay any taxes on TRILLIONS AND TRILLIONS of $$$ traded every week...not one penny tax paid...
So as I said they have their own game separated from the ups and downs in the economy because the stock market can make money
when things are good and when things are bad...what ever happens in the economy it will only last for so long...and they will trade
on that basis...The little guys in the market lose in many cases but the big guys will make money almost always...because they can move
the market...up or down..
 
cawacko said:
What does any of what you said have to do with why the stock market is booming, especially the conservative movement?

One doesn’t need an advanced degree in economics to understand the Fed’s actions are the driver of what we are seeing in the market (there’s also the element of betting on an economic recovery). This past decade we’ve experienced the worst economic recovery since the Great Depression yet the stock market boomed thanks largely to three rounds of QE and continued easy money policies of the Fed. Now the Fed is QE on steroids.

Additionally where else would you put your money right now?
Click to expand...

Supply side economics has provided the fuel for this poker game. Conservatives claimed that the rich guys would reinvest the money in the economy. They didn't. Consumer spending in the 80's and 90's was fueled not by real growth in wealth, but by consumer debt. That all blew up in 2008, but we learned absolutely nothing. That's why we have slow growth, a massive and growing wage/wealth gap, and a stock market that has little to do with what is happening in the real world.

You clearly don't understand what QE was all about. NONE of the money reached the money supply. It all sat in excess reserves. We are now slowly unwinding that balance sheet. The idea that it fueled the stock market is nonsense.
 
Hello Concart,

Concart said:
This is what happens when you have a massive wage and wealth gap. The money does not trickle down to those that need it. The money goes into a giant poker game played by the wealthiest Americans. When they get a run of bad cards, they cash out, and wait for things to get better. It is an exchange of billions of dollars that produces absolutely nothing. Of course we can't take that money away from them and actually put it back into the economy. Because we'd be punishing the 'job producers'. That's how stupid the conservative movement has gotten. They're fine with their money going not to create new jobs, but to create more wealth for the already wealthy.
Click to expand...

The 'job producers' seem to be on vacation.
 
cawacko said:
What does any of what you said have to do with why the stock market is booming, especially the conservative movement?

One doesn’t need an advanced degree in economics to understand the Fed’s actions are the driver of what we are seeing in the market (there’s also the element of betting on an economic recovery). This past decade we’ve experienced the worst economic recovery since the Great Depression yet the stock market boomed thanks largely to three rounds of QE and continued easy money policies of the Fed. Now the Fed is QE on steroids.

Additionally where else would you put your money right now?
Click to expand...

Last point. Of course someone with huge piles of excess cash will stick it in the stock market. The point is that THEY SHOULDN'T HAVE THAT MUCH EXCESS CASH. The wealth gap is toxic to a growing economy. Wealthy people don't create jobs. They create absolutely nothing.
 
The recession is not tied to economics but rather a reaction to a public health scare. Nothing really wrong with the economy its just been temporarily muzzled.
As the muzzle comes off, it rebounds.
 
Trillions were pumped into it. Even a raft with a huge hole will stay inflated if you force lots of air into it.
 
Hello cawacko,

cawacko said:
What does any of what you said have to do with why the stock market is booming, especially the conservative movement?

One doesn’t need an advanced degree in economics to understand the Fed’s actions are the driver of what we are seeing in the market (there’s also the element of betting on an economic recovery). This past decade we’ve experienced the worst economic recovery since the Great Depression yet the stock market boomed thanks largely to three rounds of QE and continued easy money policies of the Fed. Now the Fed is QE on steroids.

Additionally where else would you put your money right now?
Click to expand...

The economy is on life support and it's plugged into the government. Cut that off and things go downhill rapidly.
 
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