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primalpoly's profile
Geoffrey Miller
Geoffrey Miller
Geoffrey Miller
Verified account
@primalpoly

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Geoffrey MillerVerified account

@primalpoly

Psychology professor; wrote The Mating Mind, Spent, Mate, & Virtue Signaling. Agnostic centrist into evolution, sex, sentience, freedom & future.

New Mexico
primalpoly.com
Joined September 2015

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    Geoffrey Miller‏Verified account @primalpoly Apr 2
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    Geoffrey Miller Retweeted Seung Min Kim

    6.6 million people unemployed last week. 3.3 million the week before. Dow is up. 🙈https://twitter.com/seungminkim/status/1245700929434931200 …

    Geoffrey Miller added,

    Seung Min KimVerified account @seungminkim
    This @washingtonpost chart makes the point better than any words can. Stunning. pic.twitter.com/1vcEb49Ifx
    7:56 AM - 2 Apr 2020
    • 6 Retweets
    • 72 Likes
    • BAK Maximally Anti-Gnostic Bo Winegard max humber ^Z GA Mac Tonight JayMan
    16 replies 6 retweets 72 likes
      1. New conversation
      2. Putanumonit Jacob‏ @yashkaf Apr 2
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        Replying to @primalpoly

        1. The Dow is not "the economy", it's a bizarrely-weighted index of 30 arbitrary huge companies none of which had significant layoffs. 2. More useful indices like S&P 500 or Russell 2000 fell by 35% anticipating these unemployment numbers weeks ago. That's the point of markets.

        1 reply 0 retweets 6 likes
      3. Geoffrey Miller‏Verified account @primalpoly Apr 2
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        Replying to @yashkaf

        Do we really believe that investors weeks ago expected 10 million unemployed in the last two weeks? Maybe they did, but I'm dubious that the full impact of this recession has been priced in yet.

        4 replies 0 retweets 4 likes
      4. 3 more replies
      1. New conversation
      2. Mats Vinnaren‏ @MatsVinnaren Apr 2
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        Replying to @primalpoly

        Of course, a lot of this got priced in during the initial panic collapse of indexes.

        1 reply 0 retweets 0 likes
      3. Geoffrey Miller‏Verified account @primalpoly Apr 2
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        Replying to @MatsVinnaren

        I don't see how investors a month ago could have priced in a likely 20% unemployment rate by summer

        2 replies 0 retweets 1 like
      4. 2 more replies
      1. Cristian Rocca  🌐‏ @free_shilling Apr 2
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        Replying to @primalpoly

        pic.twitter.com/rssdbuiSD9

        0 replies 0 retweets 3 likes
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      1. COVID Hammer Wynne‏ @Emanuel_Wynne Apr 2
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        Replying to @primalpoly

        It seems that you're new to trading

        0 replies 0 retweets 1 like
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      1. Parallax Optics‏ @parallaxoptics Apr 2
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        Replying to @primalpoly

        Post-reality detatcment of symbol from referent

        0 replies 0 retweets 1 like
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      1. Culpability Jones‏ @ShineboxHukster Apr 2
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        Replying to @primalpoly

        Elites are gonna be picking up a ton of prime real estate in the next few moths & their financial consultants are very optimistic.

        0 replies 0 retweets 0 likes
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      1. BAK‏ @Bakpfeife Apr 2
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        Replying to @primalpoly

        The FED is literally buying stocks to make everything seem fine.

        0 replies 0 retweets 0 likes
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      1. StillWeRise - lvl3 Ancestor‏ @ByronWoodson Apr 2
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        Replying to @primalpoly

        everyone is helping their downstream clients apply for grants and loans to keep the money flowing ...

        0 replies 0 retweets 0 likes
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