The Nasdaq is up 3% compared to Oct 2019. Is the economic outlook better now

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Apr 9, 2020
8:58:30am

PING Man Playmaker

The Nasdaq is up 3% compared to Oct 2019. Is the economic outlook better now

than it was just 6 months ago?

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PING Man

Previous username: East Valley Coug
Bio page: PING Man
Joined: Mar 31, 2005
Last login: May 2, 2024
Total posts: 2,263 (2 FO)

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Messages

Author

Time

6.6 million applied for unemployment this past week.

RexIdaCoug

4/9/20 6:40am

38 jobs lost per positive test in the US.

RexIdaCoug

4/9/20 6:42am

OUCH! Doesn’t seem proportional at all. Somewhere along the line the cure has

4/9/20 6:50am

Joe Biden was right!

Adwight

4/9/20 7:06am

Not sure he can remember if he was right or wrong or what he said yesterday

4/9/20 7:41am

What do you suggest?

conetah

4/9/20 7:06am

To me its obvious. Keep shelter in place for highly affected areas, start

4/9/20 7:07am

The statistics make it abundantly clear who is at most risk. Shame the crap

boogers

4/9/20 7:17am

Glad you asked. Trump let’s us out of jail a week early for good behavior 😀

4/9/20 7:50am

It also doesn't count the millions that have had their wages cut or have been

RexIdaCoug

4/9/20 7:12am

I have seen this in our ward

bluelands

4/9/20 7:26am

We will all be standing in bread lines if we have much more of this

shammy

4/9/20 9:13am

Don't think this is a great barometer. The entire idea of the lockdown is to keep those numbers down.

mik3

4/9/20 8:54am

<< Deleted >>

Buffalo

4/9/20 7:13am

No, they love the 2.3 trillion that the fed announced they are throwing at the

RexIdaCoug

4/9/20 7:14am

RE: No, they love the 2.3 trillion that the fed announced they are throwing at

RexIdaCoug

4/9/20 7:20am

Nope, Feds found a few trillion in loose change and offered additional stimulus

astroman

4/9/20 7:14am

? The dow is down 6k since mid feb.

boogers

4/9/20 7:18am

And up 6k from a few weeks ago.

dtownCoug

4/9/20 7:57am

For no good reason.

fbguru

4/9/20 8:00am

I dunno, maybe this is where it should be after an initial panic?

boogers

4/9/20 8:02am

Based on earnings or Fed and Treasury market manipulation?

PING Man

4/9/20 8:06am

Ya...I dunno, The market does weird things. Sometimes it is right, sometimes

boogers

4/9/20 8:12am

Earnings, free cash flow, ROE etc is how I value a business.

PING Man

4/9/20 9:00am

The Dow is way down this year. Have not come close to make up for loses

viper

4/9/20 8:53am

The Nasdaq is up 3% compared to Oct 2019. Is the economic outlook better now

PING Man

4/9/20 8:58am

The Dow was 20% higher to start the year than it is now, after all the recent

viper

4/9/20 9:03am

as well as it should be given the economic carnage the shutdown has caused

PING Man

4/9/20 9:19am

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