Home › Forums › Financial Markets/Economics › The Economy is Weak, Yet The Stock Market Goes Up?
- This topic has 75 replies, 11 voices, and was last updated 16 years, 1 month ago by Enorah.
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March 18, 2008 at 1:05 PM #12162March 18, 2008 at 1:18 PM #172447JWM in SDParticipant
JWM in SD
Yep, we’ve gone down the rabbit hole at this point and a lot people are still clueless about it although that is changing rather quickly.
Folks, here is the deal. We (RE bubble bloggers, savers, financially prudent) are all engaged in a game of Economic Chicken. Yeah, I know, it’s a very elementary and pedantic way of putting it, but I think it is appropriate. The other side of this is the The Powers That Be (Risk Loves, Uber Wealthy, Politicians, Clueless Masses). In their corner, they have power over policy and we have logic and faith in economic theory that has borne out over many hundreds of years surrounding fundamentally sound monetary policies and investment theory….I.E., the belief that at some point the fundamentals have to take hold in this whole mess with the primary question surrounding the fall out and degree of collateral damage (job losses, lack of purchasing power, all of the above). No one is going to emerge unscathed from this unfortunately.
We need to consolidate our knowledge in a more concerted effort to determine the best way to mitigate the inevitable damage that will done regardless of who wins the game of chicken.
What are your thoughts?????
March 18, 2008 at 1:18 PM #172781JWM in SDParticipantJWM in SD
Yep, we’ve gone down the rabbit hole at this point and a lot people are still clueless about it although that is changing rather quickly.
Folks, here is the deal. We (RE bubble bloggers, savers, financially prudent) are all engaged in a game of Economic Chicken. Yeah, I know, it’s a very elementary and pedantic way of putting it, but I think it is appropriate. The other side of this is the The Powers That Be (Risk Loves, Uber Wealthy, Politicians, Clueless Masses). In their corner, they have power over policy and we have logic and faith in economic theory that has borne out over many hundreds of years surrounding fundamentally sound monetary policies and investment theory….I.E., the belief that at some point the fundamentals have to take hold in this whole mess with the primary question surrounding the fall out and degree of collateral damage (job losses, lack of purchasing power, all of the above). No one is going to emerge unscathed from this unfortunately.
We need to consolidate our knowledge in a more concerted effort to determine the best way to mitigate the inevitable damage that will done regardless of who wins the game of chicken.
What are your thoughts?????
March 18, 2008 at 1:18 PM #172787JWM in SDParticipantJWM in SD
Yep, we’ve gone down the rabbit hole at this point and a lot people are still clueless about it although that is changing rather quickly.
Folks, here is the deal. We (RE bubble bloggers, savers, financially prudent) are all engaged in a game of Economic Chicken. Yeah, I know, it’s a very elementary and pedantic way of putting it, but I think it is appropriate. The other side of this is the The Powers That Be (Risk Loves, Uber Wealthy, Politicians, Clueless Masses). In their corner, they have power over policy and we have logic and faith in economic theory that has borne out over many hundreds of years surrounding fundamentally sound monetary policies and investment theory….I.E., the belief that at some point the fundamentals have to take hold in this whole mess with the primary question surrounding the fall out and degree of collateral damage (job losses, lack of purchasing power, all of the above). No one is going to emerge unscathed from this unfortunately.
We need to consolidate our knowledge in a more concerted effort to determine the best way to mitigate the inevitable damage that will done regardless of who wins the game of chicken.
What are your thoughts?????
March 18, 2008 at 1:18 PM #172804JWM in SDParticipantJWM in SD
Yep, we’ve gone down the rabbit hole at this point and a lot people are still clueless about it although that is changing rather quickly.
Folks, here is the deal. We (RE bubble bloggers, savers, financially prudent) are all engaged in a game of Economic Chicken. Yeah, I know, it’s a very elementary and pedantic way of putting it, but I think it is appropriate. The other side of this is the The Powers That Be (Risk Loves, Uber Wealthy, Politicians, Clueless Masses). In their corner, they have power over policy and we have logic and faith in economic theory that has borne out over many hundreds of years surrounding fundamentally sound monetary policies and investment theory….I.E., the belief that at some point the fundamentals have to take hold in this whole mess with the primary question surrounding the fall out and degree of collateral damage (job losses, lack of purchasing power, all of the above). No one is going to emerge unscathed from this unfortunately.
We need to consolidate our knowledge in a more concerted effort to determine the best way to mitigate the inevitable damage that will done regardless of who wins the game of chicken.
What are your thoughts?????
March 18, 2008 at 1:18 PM #172886JWM in SDParticipantJWM in SD
Yep, we’ve gone down the rabbit hole at this point and a lot people are still clueless about it although that is changing rather quickly.
Folks, here is the deal. We (RE bubble bloggers, savers, financially prudent) are all engaged in a game of Economic Chicken. Yeah, I know, it’s a very elementary and pedantic way of putting it, but I think it is appropriate. The other side of this is the The Powers That Be (Risk Loves, Uber Wealthy, Politicians, Clueless Masses). In their corner, they have power over policy and we have logic and faith in economic theory that has borne out over many hundreds of years surrounding fundamentally sound monetary policies and investment theory….I.E., the belief that at some point the fundamentals have to take hold in this whole mess with the primary question surrounding the fall out and degree of collateral damage (job losses, lack of purchasing power, all of the above). No one is going to emerge unscathed from this unfortunately.
We need to consolidate our knowledge in a more concerted effort to determine the best way to mitigate the inevitable damage that will done regardless of who wins the game of chicken.
What are your thoughts?????
March 18, 2008 at 1:24 PM #172462(former)FormerSanDieganParticipantHuh ?
WHat ?
Sorry I fell asleep exactly one year ago today (3/19/07) and just woke up. The Dow closed at 12296 that day. Where are stock prices now ? I see, the Dow closed at 12,392. What are you talking about ?
Stocks fluctuate.
March 18, 2008 at 1:24 PM #172797(former)FormerSanDieganParticipantHuh ?
WHat ?
Sorry I fell asleep exactly one year ago today (3/19/07) and just woke up. The Dow closed at 12296 that day. Where are stock prices now ? I see, the Dow closed at 12,392. What are you talking about ?
Stocks fluctuate.
March 18, 2008 at 1:24 PM #172802(former)FormerSanDieganParticipantHuh ?
WHat ?
Sorry I fell asleep exactly one year ago today (3/19/07) and just woke up. The Dow closed at 12296 that day. Where are stock prices now ? I see, the Dow closed at 12,392. What are you talking about ?
Stocks fluctuate.
March 18, 2008 at 1:24 PM #172820(former)FormerSanDieganParticipantHuh ?
WHat ?
Sorry I fell asleep exactly one year ago today (3/19/07) and just woke up. The Dow closed at 12296 that day. Where are stock prices now ? I see, the Dow closed at 12,392. What are you talking about ?
Stocks fluctuate.
March 18, 2008 at 1:24 PM #172901(former)FormerSanDieganParticipantHuh ?
WHat ?
Sorry I fell asleep exactly one year ago today (3/19/07) and just woke up. The Dow closed at 12296 that day. Where are stock prices now ? I see, the Dow closed at 12,392. What are you talking about ?
Stocks fluctuate.
March 18, 2008 at 1:33 PM #172467ArtyParticipantFed injected 200 billion dollars last Tuesday. The stock went up few hundred points. By Friday, one of the largest investment bank went pretty much belly up. Now, Fed cut the key interest rate to 2.25%. You shouldn’t be mad. You should ask who is next :)? Btw, personally, I believe the big down turn will be at least after April or May. So what’s the hurry.
March 18, 2008 at 1:33 PM #172801ArtyParticipantFed injected 200 billion dollars last Tuesday. The stock went up few hundred points. By Friday, one of the largest investment bank went pretty much belly up. Now, Fed cut the key interest rate to 2.25%. You shouldn’t be mad. You should ask who is next :)? Btw, personally, I believe the big down turn will be at least after April or May. So what’s the hurry.
March 18, 2008 at 1:33 PM #172807ArtyParticipantFed injected 200 billion dollars last Tuesday. The stock went up few hundred points. By Friday, one of the largest investment bank went pretty much belly up. Now, Fed cut the key interest rate to 2.25%. You shouldn’t be mad. You should ask who is next :)? Btw, personally, I believe the big down turn will be at least after April or May. So what’s the hurry.
March 18, 2008 at 1:33 PM #172824ArtyParticipantFed injected 200 billion dollars last Tuesday. The stock went up few hundred points. By Friday, one of the largest investment bank went pretty much belly up. Now, Fed cut the key interest rate to 2.25%. You shouldn’t be mad. You should ask who is next :)? Btw, personally, I believe the big down turn will be at least after April or May. So what’s the hurry.
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