LogFAQs > #938876748

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Topic	Stock market is soaring while unemployment is at its highest point since WWII
SK8T3R215 05/09/20 11:59:07 AM #26:	Because places are starting to reopen, so Q2 GDP growth may not be as dire as expected. Also there was an aggressive flood of capital through monetary and fiscal policy that should help to keep the economy somewhat OK while on life support during the pause. And the report was actually better than forecast so that helps a bit. --- New York Knicks, New York Jets, New York Yankees. <cite>SK8T3R215 posted [p:938876748] in Stock mark... [t:78672652]...</cite> <quote>Because places are starting to reopen, so Q2 GDP growth may not be as dire as expected. Also there was an aggressive flood of capital through monetary and fiscal policy that should help to keep the economy somewhat OK while on life support during the pause. And the report was actually better than forecast so that helps a bit. --- New York Knicks, New York Jets, New York Yankees.</quote> ... Copied to Clipboard!
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