WSJ today “Weekly jobless claims are now near what they were at the beginning of September. It’s the 44th straight week that initial claims remain higher than the worst week of the Great Recession.” Just prepare yourselves folks. Don’t lose your entire 401ks.
Comments (5)
sorted by:
Meanwhile.... small businesses are folding in droves.
Yup, shits fake. Controled AI algorithms, look up High frequency trading
So all the "elites" are buying up the stocks?? Sounds like they are completing the wealth transfer
The stock market is not a great way to measure the strength of the economy. It's a great way to measure the strength of Corporations that are big enough to be on it. You could have 99% of small businesses go under and still see a rise in the Blue Chips.
It needs to be coupled with unemployment rates to make the strong economy argument as it illustrates some trickle down reasoning.
But stupid libtards wouldn't know that.