Andrew Ross Sorkin, financial columnist and co-anchor of “Squawk Box” on CNBC, explains the incredible gap between what Americans are experiencing financially as a result of the pandemic and the rapidly rebounding stock market. #StephenAtHome #SquawkBox #AndrewRossSorkin
market is “future” indicator
Replylol……trinnnnnnnnnnnnnngg
ReplyIt’s true. People are less noticed to be let go when they are only names on a list.
ReplyThe deflation, the deflation, the deflation, the deflation.
ReplyGoods available but not enough want to or can buy at the current price. Prices drop to try and stimulate sales. Nothing changes because people are afraid to buy anything that isn’t essential and many are struggling to buy the essentials. Bank and stock market executives start jumping out of windows.
in the future ee are goinh to have
Replydark auto factorys anyways
Lmao it has nothing to do with the federal reserve using a semi legal corporation to backstop the junk bond market….
No that is not literally how it happens dude. If anyone is interested I will post links to some good zero hedge reporting (still mixed on that site)and the laws the fed is breaking.
Replymedium small size business is already exaust their capital just to survive a lockdown and most of them are going out of business. it would take a long time for that business to fully recover unless the government is droping cash or relaxing alot of credit requirement for the to start all over . i know this cuz i have alot of friend who have to closed their business and there’s no money left to start over again let alone rehired their employees back . so imo only big companies that can recover very quickly but small medium size business ?? 🤔👀
ReplyFOUND IT! I had to go back to home.
ReplyYou seriously still give a damn about the stock markets? LOL as if they would represent anything of relevance. I bet you and your viewers even believe exactly that and I can´t even blame them. American news are jumping on the daily stock market developments as if they were all in themselves. How many of you people actually know that it doesn´t matter for the company directly what value their shares have at the stock markets? Once given out for a fix price the money is in and the rest is pure speculation only the shareholders benefit from or not. You don´t believe me? Google it. I myself went to a university for 5 years to learn it but Mr. Google could provide this little “secret” just as good within seconds. I guess that´s why no German network gives the stock market more than one minute of attention a day. It´s just not interesting enough.
Reply25% unemployment, markets are up, top 10 billionaires in the US made 480 billion dollars the last few months.
The stock markets have historically never been a predictor of economic health. It’s usually the opposite actually – 20’s, 80’s, 2008 and now.
And the interest rate being record low, we’ve lost an important tool to aid economic recovery.
Look up bad credit loans and the credit default swap bubble – it’s about x10 the housing bubble.
ReplyStorm’s coming
Vaccine or therapeutic? How about Covid Organics produced in Madagascar?
ReplyThey are going to push a Vaccine through and it will be mandatory. It will never be Safe but big Pharma and rich people don’t really care about people. People are there to be exploited.
ReplyThey are giving money to the rich period
ReplySo we going full throttle super lean management across the board?
ReplyI hope they all lose money.
ReplyPerverse is the first name. The last name is money thugs…barbarian..
ReplyAn economy that crash when people buys what they really need is a pseudoeconomy…
ReplyYa’ll just feeding the Lizard people argument putting this guy on national T.V.
ReplyNot going to be a vaccine within a year.
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