The Briefing Room
General Category => Economy/Business => Topic started by: catfish1957 on August 11, 2020, 02:06:07 pm
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Despite faminemania being concocted by the Democratic Party. The truth is 90% of the news of late around the pandmemic has been positive. I will not lie. What happened in March scared the hell out of me. I could have envisioned a '29- '39 scenario, and even worse. Yes, we still have to somehow come to our senses, as far as reducing the national debt, but at least on the short term, what we have seen in the past 5 months has been nothing short of remarkable. This has all the hallmarks of the greatest "V" shaped recovery in economic history.
To kind of put it into perspective.... Here is a comparison of markets at the 3rd week of March vs. today. happy77
March. Today. Increase/Decrease
S & P- 2192 3374. +53%
DJIA- 18213. 28112. +54%
NASDAQ. 6631. 10930 +65%
Gold. (oz.) 1478 1988. +35%
Oil bbl 21.54. 42.70. +98%
VIX. 65 21. -67%
Now the down side. I see absolutely nothing decent to invest in. If I had been 20 years younger, I'd gone all in late in March. In retirement? No way. One of my kids did go all in, and he has let all of us know it. (often) :cool:
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This all comes in the face of continued and active efforts to suppress said economy in the alleged disguise of pandemic control.
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I'm just happy that when the Dow drops now, it's not a thousand points a day.
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Found this on this channel. August 7th, 2020
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Error 404 (Not Found)!!1 (http://www.youtube.com/watch?v=x9rgD0pIwrg#)
I believe the reason why Trump has to go into my hiding is because he is going to announce NESARA/GESARA. Look it up. It means a great deal of money will be doled out to everyone, income tax eliminated, and many other great things. That would make many billionaires angry. When they are arrested, their assets will be frozen and when their tribunal proves they are guilty, that money will be distributed to us. There is also the money from everyone’s Strawman accounts that are in the millions for each person!
Then, there are the arrests!