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tritsofme

(17,380 posts)
1. No, the BLS is staffed by career professionals. It has not been captured by Trump.
Thu Aug 6, 2020, 10:34 PM
Aug 2020

Or we would have heard about it.

at140

(6,110 posts)
4. probably not so good tomorrow based on
Thu Aug 6, 2020, 10:36 PM
Aug 2020

the market was down today. The market knows everything ahead of time.

calguy

(5,315 posts)
5. The markets surged upward during the afternoon and into the close
Thu Aug 6, 2020, 10:42 PM
Aug 2020

The markets are poised to hit new all time highs soon. Nasdaq has been hitting new highs almost daily. In my opinion the markets are detached from reality. Imagine the markets hitting all time highs while the economy is on the brink of heading into depression.

at140

(6,110 posts)
6. Sorry, I was looking at tomorrow's futures and those are DOWN
Thu Aug 6, 2020, 10:54 PM
Aug 2020

S&P Futures
3,332.75
-11.50(-0.34%)
Dow Futures
27,189.00
-96.00(-0.35%)
Nasdaq Futures
11,228.50
-32.75(-0.29%)

Markets are NOT going up broad based. There are a few leaders carrying the market such as Amazon, Apple, Walmart, Tesla, etc.
Interest rates are zero to negative. My money market fund in annuities is yielding negative. There is no place to earn a return except stock funds.
My portfolio is at all time high if you can believe it.

 

Wellstone ruled

(34,661 posts)
9. Just the FANGS are going up.
Thu Aug 6, 2020, 11:02 PM
Aug 2020

As our Broker Pal says,she is a Hollow one and it is poised to let the gas out.

RockRaven

(14,974 posts)
7. The data and calculation in the reports MAY be accurate, but what we've seen already
Thu Aug 6, 2020, 10:55 PM
Aug 2020

from the Trump admin is that they cherry pick, lie, mislead, and obfuscate in their summaries and press releases. And that's what gets reported on, with front page headlines. The stories which get printed later by people who actually dug through the data are on page 17 of the paper a week later. And nobody reads it, and nobody posts it on social media.

at140

(6,110 posts)
12. Correct, stock market is simply a container to store liquidity released by FED
Fri Aug 7, 2020, 12:10 PM
Aug 2020
?itok=JYGdR7RL

and the added jobs numbers today 1.2 million will help levitate the market a bit longer.

NoMoreRepugs

(9,435 posts)
13. Thanks for the graph. It's the only explanation for the
Sat Aug 8, 2020, 05:54 PM
Aug 2020

stratospheric heights of a market that to me has no connection with reality these days.

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