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Day Trader’s Weekend Aftermarket Lounge 3-5 Apr 2020, page-95

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04/04/20

08:43

Post #: 43874431
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Originally posted by ChipLeigh: ↑

Usually job loss and unemployment is a reflection of the economy not doing well. This is not the case at the moment, the economy was doing very well with lowest unemployment in decades. The job loss and unemployment are caused by the virus and the stall in the economy is a symptom not the cause, and therefore these figures will have minimal bearing on the market IMO. It's all accounted for by the stimulus package which basically means people are on paid leave until they go back to work - because the economy is on pause, its not unhealthy for any other reason than a result of temporary social distancing.

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lmao, I hear this all the time “bbbbut it’s all priced in” fed just keep printing money we’ll be right.

You.
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