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Topic | Stock market is soaring while unemployment is at its highest point since WWII |
polopili 05/09/20 10:09:17 AM #7: | CableZL posted... It means the stock market is not necessarily an accurate measure of how the economy is doing. The company I used to work for just laid off a bunch of people, but their stock went up after the earnings call on Thursday. most of the time lay-offs will increase the stock price as you spend less on salaries. Now in real life this means that everything will take longer to make but most of the time shareholders have no idea of whats happening inside the company. ... Copied to Clipboard! |
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