Coronavirus

[Jaguar]

I don't this this will be a new normal. Because I feel its overhyped, and just like previous pandemics.

I get it. You're drunk.

 

[Virtual ghost]

US just passed million active cases milestone.

Plus something like 35 million unemployed.

 

[Jaguar]

Forgive me if this has already been discussed somewhere and I missed it, but can someone [MENTION=195]Jaguar[/MENTION] explain why the stock market continues to go up and up despite all the people who've lost their jobs, the forecasted bad economic conditions, etc? It makes no sense to me. It makes no sense to people I know who know more about economics than I do.

Looking ahead. The stock market continues to rally in the face of grim economic news . On Friday, data showed the U.S. unemployment rate soared to 14.7% in April as employers cut 20.5 million jobs during the month . Recent surveys of manufacturing, services, and business investment activity all showed tumbling figures.

But U.S. stock indexes all closed the week with solid gains. As always, investors are looking to the future, and the economic data reflects conditions as they were last week, last month, or last quarter.

Those focused on the recovery believe that the worst is already behind us and are moving to price in better data ahead. And trillions of dollars of monetary and fiscal policy stimulus have provided powerful tailwinds to both that recovery and risk assets, such as stocks.

Why Stocks Are Taking Off Despite 20 Million Jobs Lost in April


I'll buy more stock on a pullback, but not now. It's overextended in my opinion. If it turns out that what the market expects doesn't come to pass, stocks will take a dive. It already expected all this ugly shit to happen with unemployment, so of course it looks strange to people that it's rallying now. What you see isn't what the market thinks about the here and now, it's what it thinks about future conditions.

 

[Luminous]

Why the Stock Market Is Taking Off Despite 20 Million Jobs Lost in April

Looking ahead. The stock market continues to rally in the face of grim economic news . On Friday, data showed the U.S. unemployment rate soared to 14.7% in April as employers cut 20.5 million jobs during the month . Recent surveys of manufacturing, services, and business investment activity all showed tumbling figures.

But U.S. stock indexes all closed the week with solid gains. As always, investors are looking to the future, and the economic data reflects conditions as they were last week, last month, or last quarter.

Those focused on the recovery believe that the worst is already behind us and are moving to price in better data ahead. And trillions of dollars of monetary and fiscal policy stimulus have provided powerful tailwinds to both that recovery and risk assets, such as stocks.

Why Stocks Are Taking Off Despite 20 Million Jobs Lost in April


I'll buy more stock on a pullback, but not now. It's overextended in my opinion. If it turns out that what the market expects doesn't come to pass, stocks will take a dive. It already expected all this ugly shit to happen with unemployment, so of course it looks strange to people that it's rallying now. What you see isn't what the market thinks about the here and now, it's what it thinks about future conditions.

I can understand that they are looking forward. It just seems far too optimistic to me. Especially considering the effects of this are continuing to ripple out in layoffs, even with the stimulus money (for instance, I know of a place that laid off 25% of their engineers, a move which reflects what that company is expecting to happen over the course of years, not weeks or months.) Thanks for your thoughtful response.

 

[Jaguar]

Katie Miller, Pence spokeswoman, tests positive for coronavirus - POLITICO

And will she transmit the virus to Stephen, her lunatic husband, or did she get it from him?

 

[Tellenbach]

Souplantation’s buffet-style restaurants closing for good because of the coronavirus

The permanent closing of the 97 restaurants, including 44 in California, was announced Thursday after weeks of efforts to salvage San Diego-based Garden Fresh Restaurants, the parent company of Souplantation and Sweet Tomatoes. The closing will mean lost jobs for 4,400 employees.

That's too bad. This was a good lunch deal if you enjoy salads, a bowl of chili, and some clam chowder. I'm guessing that most buffet style restaurants will close.

 

[ceecee]

 

[Jaguar]

^

Ramsay One Construction & Flooring

Our Commitment
‘Treat others as you wish to be treated.’ Jesus (Yashua) said ‘lovingkindness to all’ and ‘loving our Father in Heaven’ sums it all up. We are committed to upholding that ideal as best we can. This world is full of pressure and pain. We do our best to be a blessing.

Say what? Father COVID, heal thyself.

 

[ceecee]

^


Say what? Father COVID, heal thyself.

I would like to know more about the best electric chair ever.

 

[Maou]

People who think faith will protect them is willfully ignorant. I never got this mindset among certain Christians or other religions. You are only suppose to meet your maker AFTER you've done everything you can yourself. You do not pray for relief from something you have the power yourself to defeat. You do not rely on god, to defeat whatever at a moments convenience. Christianity has always preeched that God's miracles only happen to those who have exhausted all other options, if at all. Not because you prayed. Not because you believed. Not because you suffered. I really dislike how people take god for a cheep cure, and I am not even a Christian. The very concept of Christianity has been tainted, and commercialized like everything else.

People have forgotten the face of their fathers.

 

[Jaguar]

Coronavirus cases tied to party spur Mother's Day warning - Los Angeles Times

“One person showed up to the party exhibiting symptoms and joking she may have the virus,” Lisa Derderian, spokeswoman for the city of Pasadena, said in an email. “The aftermath affected several others who became seriously ill because of one person’s negligent and selfish behavior.”

 

[ceecee]

People who think faith will protect them is willfully ignorant. I never got this mindset among certain Christians or other religions. You are only suppose to meet your maker AFTER you've done everything you can yourself. You do not pray for relief from something you have the power yourself to defeat. You do not rely on god, to defeat whatever at a moments convenience. Christianity has always preeched that God's miracles only happen to those who have exhausted all other options, if at all. Not because you prayed. Not because you believed. Not because you suffered. I really dislike how people take god for a cheep cure, and I am not even a Christian. The very concept of Christianity has been tainted, and commercialized like everything else.

People have forgotten the face of their fathers.

COVID protesters. lol

 

[Red Memories]

...I am a Christian and I hate Christians like this.

can we please just, not assume every Christian is THOSE Christians? Obviously they're the bigger idiots so they're easier to "notice" but they don't paint a picture for all of us.

 

[Virtual ghost]

COVID protesters. lol

But for me this wouldn't be even half as funny in the case there is no McDonald's sign in the mix.

 

[Pionart]

But for me this wouldn't be even half as funny in the case there is no McDonald's sign in the mix.

The golden arches are the gates of hell.

 

[Jonny]

CEO’s meeting with the VP were asked to take off their masks. Good grief, what a bunch of goons.

 

[Pionart]

"Unmasked in Iowa", lol that makes me think of Slipknot

 

[Jaguar]

Crazy people:

Would you be comfortable eating in this packed restaurant? Hundreds of diners in Colorado seem fine with it - MarketWatch

The business should be renamed: Corona Coffee & Kitchen.

 

[ceecee]

A Viral Ideology: “Reopen” protest movement created by Tea Party tactics and boosted by racism | The Milwaukee Independent

 

[Justin of Flavia Neapolis]

Don’t ask questions just consoom pandemic and get excited for next pandemic.