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TopicStock market is soaring while unemployment is at its highest point since WWII
Tyranthraxus
05/09/20 10:38:23 AM
#18:


lilORANG posted...
Stock market doesn't reflect the economy. It reflects large publicly traded corporations.

And it's questionable how accurately it reflects even those.

The market cap on some companies is ridiculous. If you actually owned all of it and tried to sell it all, you wouldn't get anywhere close to the market cap.

A lot of shit that happens when companies go public is day trading where they buy back their own stock for less than they sold it for.

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It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha."
https://imgur.com/dQgC4kv
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