All that Chinese money has to go somewhere...
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economic collapse was predicted for sept....
- Thread starter IMaDad
- Start date
Yahoo headline - "Wall St up as weak GDP spurs hope of slower rate hikes"
Down is up and up is down.
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the stock market is not the economy.
This is pretty clear today. lol
This is pretty clear today. lol
It just shows they have no clue why anything is happening. Our GDP sucks, but hey, that's good news because we might not raise interest rates.
all GDP is valued in a pretty ****ed up wayIt just shows they have no clue why anything is happening. Our GDP sucks, but hey, that's good news because we might not raise interest rates.
given Fiat, the real value of a counted receipt is not fully realized until the debt is satisfied; but year to year gdp valuations often account for just the sale that year. but a new car, its counted, even if you default and a bank ends up owning it and sitting there
buy a used car and its not even counted in the gdp. i have a huge problem with much of the macroeconomic strength indicators. hell, some ****ing models even take into account education levels expressed as H (human capital) regardless of whether the educated people have jobs or are even producers
It means that the central bankers are gonna whip out the credit card again.
That's the only thing that makes sense. Wall Street only seems to be happy when interest rates are low, and there is nothing to invest in but the market if you want to try to beat inflation. You can't park money in savings and do that.
That is just it. It isn't investing. Its industrialized margin buying by the trading desks of the big banks.
bruh, dow is tanking and my trading platform is offline?!
