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Stock Market --Dow over 10,000 WAKE UP!!!
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<blockquote data-quote="island1fox" data-source="post: 624108" data-attributes="member: 4816"><p>I find it shocking --on all business report shows -Fox,Bloomberg,Msnbc, the commentators and reporters state that while unemployment continues to rise and will get worse --they are amazed the stock market is doing so well.</p><p>So much for the "experts"</p><p>1. Companies report earnings quarter to quarter and year to year. When you are comparing weak numbers to weak numbers from twelve months ago --it looks good.</p><p>2. Most importantly --unlike the federal government --the private sector has"shrunk" to the economy. They have laid off workers, cut salaries, cut spending etc, etc. Of course earnings are better.</p><p>When will the experts and the federal government learn that while Wall street will survive ---the economy cannot shrink to recovery.<img src="/community/styles/default/xenforo/smilies/FeltTip/wink.png" class="smilie" loading="lazy" alt=":wink2:" title="Wink :wink2:" data-shortname=":wink2:" /></p></blockquote><p></p>
[QUOTE="island1fox, post: 624108, member: 4816"] I find it shocking --on all business report shows -Fox,Bloomberg,Msnbc, the commentators and reporters state that while unemployment continues to rise and will get worse --they are amazed the stock market is doing so well. So much for the "experts" 1. Companies report earnings quarter to quarter and year to year. When you are comparing weak numbers to weak numbers from twelve months ago --it looks good. 2. Most importantly --unlike the federal government --the private sector has"shrunk" to the economy. They have laid off workers, cut salaries, cut spending etc, etc. Of course earnings are better. When will the experts and the federal government learn that while Wall street will survive ---the economy cannot shrink to recovery.:wink2: [/QUOTE]
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