General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow much has this stock market rise cost us?
Just for kicks, a person I trade futures with decided to do the math. He added up all the stimulus the FED has pumped into the markets since the S&P lows of just under 2200. If you divide the points gained on the S&P by the dollars the FED has thrown into it, he comes up with this number:
We, the taxpayers, have paid $3.2 BILLION for every point the S&P has gained
Such a deal. Let that sink in.
Wellstone ruled
(34,661 posts)Lets us add that most of this Market move is in ten stocks.
calguy
(5,325 posts)although I can't say for sure. I trade mostly futures contracts these days.
Wellstone ruled
(34,661 posts)She be one hollowed out POS ready to go bang next year. To many Bankruptcies hiding in the weeds and those weeds are a dying exposing what the markets have been hiding in plain site.
calguy
(5,325 posts)Markets hitting all time highs while the economy is on the brink of a depression??
Something's gotta give.
Wellstone ruled
(34,661 posts)the Amazon and the Walmart's new online Amazon Clone will take a major hit.
And Tesla will run up for some time as their is a ton of PPE and CARES act money flowing in that direction. Once that quits,as Jim Janos says,watch out below.
Lasher
(27,637 posts)beachbumbob
(9,263 posts)Remain accountable