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Lobby General Discussion topic #13400002

Subject: "Disconnect between Wall and Main Street. S&P500 hits all time high" Previous topic | Next topic
PimpTrickGangstaClik
Member since Oct 06th 2005
15894 posts
Tue Aug-18-20 04:39 PM

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"Disconnect between Wall and Main Street. S&P500 hits all time high"


          

Big companies are doing okay through all this. Some even better than ever. But when I stroll downtown, I see for lease signs all over the place, stores/restaurants gone.

Trump is crowing about the stock market. It's one of his crowning achievements. But is that crowing going to work on regular folks?

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Topic Outline
Subject Author Message Date ID
Our umpteenth reminder that the market is NOT the economy ...
Aug 18th 2020
1
Unfortunately it will work on some of them
Aug 19th 2020
2
Yeah it will work.
Aug 19th 2020
3

Bumaye
Member since Jul 28th 2005
800 posts
Tue Aug-18-20 07:52 PM

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1. "Our umpteenth reminder that the market is NOT the economy ... "
In response to Reply # 0


  

          

Rich folks, at an institutional and personal level, are NOT feeling this pandemic the same way as everybody else. Not their pockets or their persons.

  

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legsdiamond
Member since May 05th 2011
79594 posts
Wed Aug-19-20 09:42 AM

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2. "Unfortunately it will work on some of them"
In response to Reply # 0


          

Mostly those without money in the market too.

People believe what they want to believe.

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

  

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walihorse
Member since Aug 03rd 2006
16125 posts
Wed Aug-19-20 09:55 AM

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3. "Yeah it will work."
In response to Reply # 0
Wed Aug-19-20 09:57 AM by walihorse

  

          

Americans are too invested in the American Dream. The American dream is what? Being rich and having your money make you money.


The American dream is to me the preamble of the constitution, not, get money and die rich. Its not a lotto ticket, its rights and fairness.

Americans do not see it that way.

żIf a fat guy falls in the woods and there is no one around to see it, do the trees laugh?

  

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