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(Barron's)   My name is stock market TINA and I'm going to kill you   ( divider line
    More: Obvious, John Maynard Keynes, Government bond, Recession, Stock, corporate bond yields, Fundamental analysis, Macroeconomics, Bonds  
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1667 clicks; posted to Business » on 29 Jun 2020 at 9:53 AM (11 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook

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2020-06-29 8:59:15 AM  
8 votes:
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2020-06-29 10:01:31 AM  
7 votes:
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2020-06-29 9:00:41 AM  
6 votes:
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2020-06-29 12:20:23 PM  
5 votes:
I guess we need Tina when this happens:

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2020-06-29 12:14:20 PM  
4 votes:
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2020-06-29 11:32:39 AM  
1 vote:

edmo: They killed the pensions.
They killed the interest on savings accounts.
They're killing returns on 401(k)s
It never ends.

They taught us regular schmoes how to make a buck investing and are systematically taking away that ability.

No offense because I've been through it all, from losing pensions to savings accounts being flushed down the toilet. But there are always cyclical economic downturns. The returns over the past decade

There was always going to eventually be a recession. This came early because of COVID. It is made worse by federal mismanagement, starting years ago with tax cuts on the wealthiest Americans, then a poor pandemic response, and then funneling money directly into the coffers of failed industries to prop them up.

That doesn't necessarily mean your 401k is farked. However you are correct that it never ends. We always have to be vigilant against the interests of ruthless capitalists.
2020-06-29 10:05:13 AM  
1 vote:
vignette.wikia.nocookie.netView Full Size

She rocks. I need to find some time to spend in Borderlands 2 VR this week.....
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