In case anyone needs some positivity today, coronavirus is largely under control, the economy is reopening, stock market is high, weather is good, and **something** happened last night that took the energy out of the looters and Antifa. Apparently we can handle anything.
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Scott - stocks are completely disconnected from economic reality by way of central banking activities. What about when trump called them a “big fat ugly bubble” when he campaigned? Was that “persuasion”?
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Stocks are still down 30-50% from their highs and the economy is opening shipmate. In the market we say don’t fight the tape...
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Then you would agree that the argument that the GOP is superior for the market is bogus? Personally I think both parties overstate their influencehttps://www.macrotrends.net/2482/sp500-performance-by-president …
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I agree the party makes little difference. Other variables are bigger.
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Wait, your initial post wasn’t sarcastic?
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They are no longer a forward indicator. The rise from the recent low is mirrored by the increase in the FED balance sheet. The working poor will lose their small businesses, the rich will be bailed out by the FEDpic.twitter.com/7mbi3cMVwf
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If by fixed he meant succeptible to Manual influence, it would have been a clever joke.
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