Markets down, you guessed it, on failed stimulus hopes. Rinse and repeat

Discussion in 'Wall St. News' started by S2007S, Oct 14, 2020.

  1. S2007S

    S2007S

    And just like that magic happens. Now willing to raise the offer? But just last week they said no deal until after the election. Lies and more lies.

    Like I said this back and forth bickering is just games.


    They will say anything to prop markets up especially after what looked like a nasty nasty Thursday opening.

    Mnuchin says he’ll give ground in stimulus talks while Trump says he would raise his offer
    PUBLISHED THU, OCT 15 20208:39 AM EDTUPDATED 29 MIN AGO



    https://www.cnbc.com/2020/10/15/mnu...ing-in-stimulus-negotiations-with-pelosi.html
     
    #21     Oct 15, 2020
    murray t turtle likes this.
  2. %%
    Look like the good cop bad cop game or business;
    but both are on the same payroll. The trend is your friend; gov giVeaways= not so much.............................................................................................
    But wall street did uptrend on on gov shutdown. Back to my charts;
    /truth /truth
     
    #22     Oct 15, 2020
  3. Peter8519

    Peter8519

    The market is having stimulus addiction. 2020 YTD Covid 19 deficit is 6,683 trillion which is about the total deficit spending from 2013 to 2019 of 6,653 trillion. Exponential ! :rolleyes:

    Someone will come to their senses and say this cannot go on any further. Who will that person or persons be ?:sneaky:

    The only hope now is how the market will heal itself and grow out of this Covid 19 stimulus addiction. This is very depend on how the virus recede.
     
    #23     Oct 18, 2020
  4. Overnight

    Overnight

    It will be Jerome Powell.
     
    #24     Oct 19, 2020