call me an old fogey but I don’t think that the economy should be run by Robin Hood. they seem insane.
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really don’t really down buy the markets affect nothing hypothesis. in January and February I had many conversations where people were not taking the coronavirus seriously because the market stayed up. The assumption was that they must be pricing pandemic risk. wall st propaganda
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now most agree that retail investors are driving the pace of things. Trump says look at the stock price. that is his one indicator. as long as that’s up, he has votes from retirees.
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