Thread: nCoV 2019
View Single Post
Old 11th March 2020, 17:34     #161
crocos
 
Quote:
Originally Posted by Know me.
I dont think we are anywhere near the bottom yet so I'm not buying.
Observation from a FB share:

News that will cause stocks to go up:
- a minimum wage increase is struck down
- employees are prevented from unionizing
- corporate taxes are reduced
- labor laws are relaxed

News that will cause stocks to go down:
- the workers are sick and can't work

The stock market is not the economy, it's an estimate of how much wealth can be extracted from workers.
__________________
Ξ √ Ω L U T ↑ ☼ N

وكل يوم كنت تعيش في العبودية
  Reply With Quote