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What is different about this plague crash. The rcovery is . . . 'stunning' (Original Post) empedocles Aug 2020 OP
It's not over yet. Squinch Aug 2020 #1
Stock market is up 50% since March crash at140 Aug 2020 #2
And the rich will cash in their profits in one stunning blow Generic Brad Aug 2020 #3
The break in market levels may be precipitous empedocles Aug 2020 #12
I am already out 100% at140 Aug 2020 #13
Same here Generic Brad Aug 2020 #14
There may be some bargain index funds at140 Aug 2020 #15
S&P Down 0.2% From Yearly High ProfessorGAC Aug 2020 #5
It is up because it is being artificially inflated with the paper money infusion by the Fed. Desert grandma Aug 2020 #4
The M1 money supply is up 38 percent so farmers this year. roamer65 Aug 2020 #8
Yep, Benedict Donald will burn down the house on his way out of it uponit7771 Aug 2020 #9
All things according to their nature misanthrope Aug 2020 #10
... Nevilledog Aug 2020 #6
THIS !!! Stock market is not the economy uponit7771 Aug 2020 #7
Beautifully apt misanthrope Aug 2020 #11
Look at the M1 money supply growth, according the Federal Reserve. roamer65 Aug 2020 #16

Generic Brad

(14,275 posts)
3. And the rich will cash in their profits in one stunning blow
Fri Aug 14, 2020, 07:48 PM
Aug 2020

Sometime....before the end of this year....I think they will pull out all at once and the market will crash down below Covid plunge levels. And the rest of us suckers will be left holding the bag and getting wiped out.

at140

(6,110 posts)
13. I am already out 100%
Fri Aug 14, 2020, 09:29 PM
Aug 2020

I can't afford the risk at age 80 to hang on.
Economy will be very slow recovery lasting 5-6 years.

Generic Brad

(14,275 posts)
14. Same here
Fri Aug 14, 2020, 09:53 PM
Aug 2020

I’ve got all my spare money sitting in a brokerage account. I pulled out a month ago. At this point I’d rather preserve my capital than risk an enormous loss.

at140

(6,110 posts)
15. There may be some bargain index funds
Fri Aug 14, 2020, 10:13 PM
Aug 2020

to pick up in October. But will definitely be a speculation for market to go higher with Santa rally.

ProfessorGAC

(65,159 posts)
5. S&P Down 0.2% From Yearly High
Fri Aug 14, 2020, 07:50 PM
Aug 2020

And, down 0.017% YTD.
The fed infusion managed to minimize losses but did little to foment real growth.
We're going on a full 67% of a year and index funds have basically made nothing this year.

Desert grandma

(804 posts)
4. It is up because it is being artificially inflated with the paper money infusion by the Fed.
Fri Aug 14, 2020, 07:50 PM
Aug 2020

Watch what happens after the election. I think we will have a YUGE crash. President Biden and his administration will have their work cut out for them to restore our economic health, among many other major problems. Our financial advisor told us that that is one of the reasons that the value of gold and silver have sky rocketed.

roamer65

(36,747 posts)
8. The M1 money supply is up 38 percent so farmers this year.
Fri Aug 14, 2020, 07:52 PM
Aug 2020

The M1 money supply is actual spendable cash in the economy. Inflation is about to make a BIG comeback.

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