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In reply to the discussion: There's something seriously wrong with the stock market [View all]Under The Radar
(3,401 posts)7. That isn't true. Markets are fueled by speculation on profitability
The markets are artificially elevated because the belief that profitability will soon return because health restrictions are being dropped in favor of full employment with hopes of returned retail spending, not only in the US but world wide.
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There are so many industries that are being damaged. Food, transportation, and retail.
still_one
May 2020
#30
According to trump's own economic advisor, May's unemployment rate is going to 20%
still_one
May 2020
#29
Are you kidding me? Trump's trade wars hurt the farmers tremendously. While the economy has
still_one
May 2020
#32
No, They heard that Pelosi would soon be in charge and things would be looking up
tavernier
May 2020
#34