Stocks tumble as Covid-19 cases surge and stimulus is nowhere to be found

Discussion in 'Current Events' started by Andrew Jackson, Oct 26, 2020.

  1. tharock220

    tharock220 Well-Known Member

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    I think you're missing the point son. That's not a COVID bill. It's a wish list attached to a COVID bill.
     
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  2. Dutch

    Dutch Well-Known Member Past Donor

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    The U.S. economy grew at a record 7.4 percent between July and September and has recovered two-thirds of the ground it lost during the first half of the year. But economists remain wary, as the figures come just as the country is entering a period of rising coronavirus cases.

    Go away, my friend :couple_inlove:
     
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  3. Pants

    Pants Well-Known Member

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    I meant presently. I am just wondering about all the discussions of 'opening up the state'. I'm confused as I'm not aware of any lockdowns at present - anywhere there's a curfew and limitation on people's movements. I keep hearing Trump and others fighting for opening up, but I'm not sure what needs to be opened. Sure, there are high risk areas closed, but surely that's not what is meant when they say that states are 'not open'.
     
  4. StarFox

    StarFox Banned

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    VOTER ID SHOULD BE REQUIRED IN EVERY ELECTION EVERYWHERE, HOW CAN ONE ARGUE AGAINST THAT.
     
  5. Market Junkie

    Market Junkie Banned

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    Noticed that those Twitter (TWTR) shares were DOWN HARD (21%) yesterday

    Looks like Mr. Market thinks Twitter warrior trump is goin' DOWN HARD too... :thumbsup:
     
  6. FreshAir

    FreshAir Well-Known Member Past Donor

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    Trump is now starting to push for the stimulus again, I think republicans in the Senate will pass one this time as they want to give the credit to Trump, rather then Biden and they want to keep the stock price up until the end of January

    after this stimulous, republican will be the party of "NO" for 4 years, so don't expect much more help, that is when the economy will crash
     
    Last edited: Nov 14, 2020
    Market Junkie and Quantum Nerd like this.
  7. FreshAir

    FreshAir Well-Known Member Past Donor

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    we should have a free national id then?
     
  8. Market Junkie

    Market Junkie Banned

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    Your S&P 500 index closed at a record-high 3,585 yesterday.

    And lyin' don told the useful idiots that the market would "crash" if Joe won... :roflol:
     
    Last edited: Nov 14, 2020
  9. Quadhole

    Quadhole Well-Known Member

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    The economy is in the sh*tter... BUT, Trump, Faux Fox news, RW Neocons., can always find a loophole lie to make it sound good when it wasnt. Like Trump in the rose Garden yesterday, while thousands more get Covid, he proclaims there are more ventilators then ever before. That buffoon blew it, and he doesnt care, neither do his gullible supporters. Did you hear him state that the GDP grew by 33%, the highest number EVER ? As usual, he doesnt say a word about falling 40% and a 33% gain on a 40% drop still leaves you 60% short.
    Trump is still an absolute Bozo, a clown, and TV Scam artist. Just look at his followers for proof of what a poor american looks like. Nothing better to do ? Go stand on the corner with a flag. What a joke
     
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  10. FreshAir

    FreshAir Well-Known Member Past Donor

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    yep, we heard that from republicans right up until the Bush crash... if we do not pass another stimulus, the crash will happen before January

    the Trump economy is being propped up by the fed and the stimulus, once that stops, the crash happens

    that is why I am sure republicans will pass the house bill soon, they don't want the economy to crash under Trump - they want to blame the Trump crash on Biden
     
    Last edited: Nov 14, 2020
  11. gnoib

    gnoib Well-Known Member

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    It might crash some, but not really. With vaccines around the corner, I would not worry

    There is light at the end of the tunnel.
    The Pig will be gone, and vaccines will be on line and a decent Government will take over
     
  12. FreshAir

    FreshAir Well-Known Member Past Donor

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    the vaccine won't be ready to be rolled out until about April at the earliest per Trump
     
  13. FreshAir

    FreshAir Well-Known Member Past Donor

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    Trump knows the crash is coming, he was just trying to blame it on Joe if he won, there is no stopping it, we can just keep doing stimulus to try to push it down the road, but eventually it will happen
     
    Last edited: Nov 14, 2020
  14. HockeyDad

    HockeyDad Well-Known Member Past Donor

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    There is an economic crash planned by the elites. They are calling it the Great Reset. The plan is to have global shutdowns of the economy "to protect against the virus". The hope is to annihilate all potential competitors for the huge multinationals. The slogan for the Great Reset is Build Back Better (Joe used it in his campaign). So yes, there will be a forced shutdown nationwide regardless if there is a vaccine or not and there will be a controlled destruction of the economy by the elites. Elections have consequences. This could be the biggest consequence of this election..... the largest naked power/wealth grab in American history.

    Look it up, they are definitely not hiding their plans.

    http://www.oecd.org/coronavirus/pol...e-resilient-recovery-after-covid-19-52b869f5/
     
    Last edited: Nov 14, 2020
  15. FreshAir

    FreshAir Well-Known Member Past Donor

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    is that why Trump shutdown the economy? and would not revise his reopen guidelines to America?

    the reality is, we either have inflation big time, or we go bk, not sure which will happen, guess depends on how long we can keep pumping $$$ into the economy without the rest of the world caring
     
    Last edited: Nov 14, 2020
  16. gnoib

    gnoib Well-Known Member

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    Per Trump, that's all I need.
    BioNtech and Pfizer will do it on their own, with all the mayor logistic companies. By April or June they will be down to the elderly and by than we probably have Moderna, Oxford and even curevac on line.
    Its not warp speed, its light speed as bioNtech calls it.
    Money talks, Trump walks.
     
  17. Dutch

    Dutch Well-Known Member Past Donor

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    Ah, I see the prep work to handle sleepy Joe with kid gloves and blame his green progressive agenda failures has begun! :applause:
     
  18. Dutch

    Dutch Well-Known Member Past Donor

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    I've looked through your righteous, full of indignation rant, and haven't found a hint of blame for the sputtering economy on the Chinese.

    As has been expected. :juggle:
     
  19. Josh77

    Josh77 Well-Known Member Past Donor

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    Why should it be free? Consider it part of taxes. Lefties love raising taxes.
     

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