Why the stock market is up even with historic job losses PUBLISHED FRI, MAY 8 20209:22 AM EDTUPDATED MOMENTS AGO https://www.cnbc.com/2020/05/08/why-the-market-is-up-even-with-historic-job-losses.html
Hah, because of historic job losses. Fewer salaries, keeps more for the asset holder. Good time for big companies especially, to take measures... now they have a reasoning.
Dont you know these job losses are an excuse for companies to cut the Fat. Companies are now much more leaner and will make more profits as they have less employee overhead
Ohhh right. So now these companies can do the same amount of output with 1/2 the staff. More profits higher stock prices. Genius. Now I see how this is all coming together.