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Economy

In reply to the discussion: DOW is up 610 points ? Why?? [View all]

Shemp Howard

(889 posts)
14. There is no where else to go.
Wed Apr 29, 2020, 01:10 PM
Apr 2020

Bank CDs are paying around 0.10%. A good money market fund might be paying around 0.50%. So if you want to invest for the future, you’ve got to put your money into stocks. There is simply no where else to go.

But if bank CDs were paying around 6%, things would be very different in the stock market.

That’s my amateur view, anyway.

Cheap stocks? wryter2000 Apr 2020 #1
May be a long time before the real economy comes close to the January 2020 economy empedocles Apr 2020 #3
+100 at140 Apr 2020 #7
Okay, I'm no expert, obviously wryter2000 Apr 2020 #11
Usually market is looking forward about 6 months at140 Apr 2020 #16
Stocks were 35% cheaper just a couple of months ago! at140 Apr 2020 #6
As I said, I'm no expert :) wryter2000 Apr 2020 #12
Optimism about the news of good results pnwest Apr 2020 #2
Greed Over People. What's that spell? Bernardo de La Paz Apr 2020 #4
Oxford vaccine early results (in primates, not people) lapfog_1 Apr 2020 #5
Owners will profit while workers die and they approve that message. n.t. lark Apr 2020 #8
Emotion fuels the Dow, as much as anything else dlk Apr 2020 #9
Most of them got money from the stimulus. So they have some slush funds to play with. Tech Apr 2020 #10
The one percent need to transition out to cash (and gold) in an orderly fashion. Frasier Balzov Apr 2020 #13
There is no where else to go. Shemp Howard Apr 2020 #14
Actually you are PROFOUNDLY correct. at140 Apr 2020 #17
From a different perspective than 'return on investment'. Popular Depression comedian empedocles Apr 2020 #18
What bank is paying just 0.10% on CD's? My credit union, which definitely doesn't progree Apr 2020 #24
Vaccine and Remdesivir possible good news. mn9driver Apr 2020 #15
giant corporations are doing quite well, eating up what remains of smaller companies Voltaire2 Apr 2020 #19
Good news about how the bailouts will go to the "right people." Warpy Apr 2020 #20
The misconception of a high valued stock market BillyBobBrilliant Apr 2020 #21
Some people are pumping it up for trump duforsure Apr 2020 #22
The Federal Reserve (a private corporation) in charge of our money supply xyoungblood Apr 2020 #23
Why the FED has so much power? at140 Apr 2020 #25
What stocks is the Fed buying? I haven't heard of this progree Apr 2020 #26
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