/biz/ - Business & Finance

[Anonymous No.18098310]

>3,000,000 layoffs and probably more to come
>stocks rise
explain

[Anonymous No.18098332]

It's just the flu bro

[Anonymous No.18098359]

>>18098310
Stock prices aren’t a function of news... they are a function of the everlasting auction of company shares

[Anonymous No.18098369]

>>18098310

PRICED IN

[Anonymous No.18098370]

>>18098310
The stock market has decoupled from reality. They can only go up now.

[Anonymous No.18098377]

>>18098310

[Anonymous No.18098410]

The assumption is that the companies trimmed the fat to guarantee a profit. So the bull market is back on.

[Anonymous No.18098416]

>>18098310
BBBBBBBRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

[Anonymous No.18098425]

>>18098310
the dollar index fell when the numbers came out, perhaps "they" believe inflation is a more likely outcome.

[Anonymous No.18098449]

>>18098310
>nooooooooo, why aren't things falling apart, my life is so shit I just want things to faillll
>we got too cocky bros

[Anonymous No.18098489]

>>18098310
Market hates uncertainty and prepared for a worse number.

[Anonymous No.18098500]

>>18098310
>hourly workers
>entertainment industry workers
>consumer service workers
unless mass bankruptcies are filed those jobs are refilled the moment we start glassing the chinese

[Anonymous No.18098501]

>>18098310
infinite cash

[Anonymous No.18098519]

>>18098310
number go up

[Anonymous No.18098628]

>>18098310
>>18098416
BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

[Anonymous No.18098683]

>>18098310
>explain
unironic cope is the only explanation. there has never been a worldwide major disaster like this in the history of civilization. even the deadliest war we ever had never stopped the economy (quite the contrary in some places).
the market has no idea how to react to this. they just hope it is a flu and it will all pass.

[Anonymous No.18098695]

>>18098310
bull trap.
>muh return to normal

[Anonymous No.18098835]

>>18098310
They are printing a trillion dollars a day and turning US money into Funland bucks to delay the inevitable.

[Anonymous No.18098863]

>>18098449
this but unironically

[Anonymous No.18098882]

>>18098310
>>3,000,000 layoffs
Citation needed

[Anonymous No.18098892]

Blame Powell the cuck

[Anonymous No.18098899]

>>18098310
I think it's because Trump said he's willing to sacrifice your parents to save the stock market.

[Anonymous No.18098960]

>>18098899

[Anonymous No.18099048]

>>18098310
Meme magic!

[Anonymous No.18099065]

>>18098310
Deadweight finally being cut loose

[Anonymous No.18099111]

Venezuela's stock market had really good returns over the last 10 years.

[Anonymous No.18099131]

>>18098310
trump has fuckled with african and south american oil supply.

[Anonymous No.18099200]

How can you be so demagogue about this Jesus. Even if people don't start working, the rioting and revolting will take even more lives than the corona. It is unbelievable how insufferable you redditors react to this.

[Anonymous No.18099229]

>you still have some faith in the system, dont you?

[Anonymous No.18099250]

>>18099200
Inflation fear is the reason why this shit is pumping now.

[Anonymous No.18099271]

the machines are taking over
you are not coming back to your job
unskilled workforce is kill

[Anonymous No.18099288]

>>18098310
Market is being artificially pu.ped to build confidence so the wealthy bag holders can sell off their essentially worthless stock before everyone realizes this false flag virus is making a major world wide depression.

[Anonymous No.18099299]

>>18099200
Person 1: Hey Look a carcrash
Person 2: Wow, that's a pretty fucked up car crash, seems to me that the reason this happened was because it ran a red light
>WAAAA
>HOW DARE YOU BE SO CALM ABOUT THIS DESPITE THE FACT THERE IS NOTHING YOU CAN DO WAAAAA WAAAAA YOU REDDITORS JUST STAND THERE AND WATCH AND LET THE PROFESSIONALS TAKE CARE OF IT YOUR SO EVIL WAAAAAAA WAAAAAAAA YOU'RE ALL LITERALLY HITLER!!!!

[Anonymous No.18099307]

>>18098310
Vast majority of layoffs were small businesses which make up like 50% of the labor force. They aren't publicly traded. Most corporations aren't affected, and the ones that are are getting bailed out.

[Anonymous No.18099326]

>>18098310

The stock market is no longer correlated to the "real" products&services market. It used to be but the correlation slowly eroded and became nearly null after 2008. Stocks are rising because of the unlimited QE operations by the FED, and this has nearly nothing to do with rather or not there is unemployment.

[Anonymous No.18099330]

>>18098449
>want to kill myself
>too cowardly
>society collapsing could have finally done me in

if corona ends up being a nothingburger.....

[Anonymous No.18099337]

>>18099200
Riot won't be against each other. Even though there has been a ton of media designed to subconsciously teach the masses to turn on each other at the slightest provocation.
But the powers that be.

[Anonymous No.18099342]

>slush fund confirmed
>bailouts are go
>executives buy shitloads of stock to drive up price

Volume is suspiciously low. Are any main street investors actually trading today?

[Anonymous No.18099362]

>>18099342
Check out Japan, nobody is buying besides BoJ. Western is hitting the same shit right now, only central banks, QE aka buybacks are buying right now

[Anonymous No.18099384]

I don't even pay attention the markets anymore, I have cash savings so I don't need to worry about weekly fluctuations.
Here's a brilliant idea - save money in times of temporary layoffs and then you don't have to worry.

[Anonymous No.18099455]

>>18099384
That's nice, me too! Finance is one of my hobbies so yeah - I pay attention. Have a good day!

[Anonymous No.18099513]

>>18098310
> GS predicts 3.2 million
> Jobless claims come in at 3.2 million
> W-WHY ISN'T IT FALLING???

[Anonymous No.18099893]

>>18099326
this

the stock market is a fucking QE fuelled LSD dream right now

[Anonymous No.18099952]

>>18099111
strap in boys it's happening tonight