Covid annual vaccine shot @ 10k should get GDP back where it was and then some
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stock market crash
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Originally posted by BlasterBates View PostThe fact is that the economy will grow, because it dropped so much. What matters is whether it's growing. If it grows, stocks go up. Too many bears are overlooking this fact. Sure there'll be wobbles and corrections but the general direction is probably going to be up.
Traffic is more or less back to normal in Germany.If govts weren't paying the wages and buying the debt of lots of large companies then the stockmarket would have cratered.
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Originally posted by rootsnall View PostWe are in the midst of the biggest contraction of GDP in a century, possibly ever, that is the fact the non bears are overlooking.If govts weren't paying the wages and buying the debt of lots of large companies then the stockmarket would have cratered.
I'm alright JackComment
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Originally posted by BlasterBates View PostQuite right, but there is a stimulus and the bears can argue that "that is cheating", but there is a stimulus, and whilst there is a stimulus there will be no cratering YET.
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The longer it lasts the less likely there will be a cratering. The economy is sparking into life.
I'm alright JackComment
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Originally posted by AtW View PostCovid annual vaccine shot @ 10k should get GDP back where it was and then someComment
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Originally posted by DimPrawn View PostI think the stock market bounce has ended, and we are into the next down leg.
all those trillions of dollars have to go somewhereComment
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Originally posted by Andy2 View PostI think it will go up
all those trillions of dollars have to go somewhere---
Former member of IPSE.
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Many a mickle makes a muckle.
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