Current Events > The stock market recovered half its losses already

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Squall28
04/14/20 1:27:40 PM
#1:


Makes sense

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emblem boy
04/14/20 1:28:47 PM
#2:


Money printer goes Brrrrr
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PatrickMahomes
04/14/20 1:32:32 PM
#3:


boutta get even higher when the $1,200 continues to roll out in greater capacity

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DifferentialEquation
04/14/20 1:32:52 PM
#4:


That's because we have an economic and business mastermind in the White House.

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UnfairRepresent
04/14/20 1:35:32 PM
#5:


DifferentialEquation posted...
That's because we have an economic and business mastermind in the White House.

We do?

Can you introduce him to Trump?
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Orlando_Jordan
04/14/20 1:36:35 PM
#6:


I told you guys that Trump would fix the economy. You pretended that the man isn't an expert in economics.

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#7
Post #7 was unavailable or deleted.
apocalyptic_4
04/14/20 1:39:12 PM
#8:


Printing trillions of dollar's is not fixing the economy

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Irony
04/14/20 1:40:08 PM
#9:


Once the stimulus checks are spent it'll drop again

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Squall28
04/14/20 1:42:11 PM
#10:


JustMyOpinion posted...
And yet things are still horrible for workers. Makes you wonder why we are that concerned with the stock market.

People do a lot of buying and selling in anticipation. I think it's already baked in from the initial gigantic drop.

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tremain07
04/14/20 1:43:35 PM
#11:


And all it took was the promise of opening up all businesses regardless of the potentially fatal consequences. Literal blood money.

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The Trent
04/14/20 1:56:34 PM
#12:


not in the oil industry

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Squall28
04/14/20 2:01:30 PM
#13:


The Trent posted...
not in the oil industry

Part of me just wants that industry to die, and get replaced by renewable energy.

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645AR
04/14/20 2:01:47 PM
#14:


emblem boy posted...
Money printer goes Brrrrr

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The Trent
04/14/20 2:03:40 PM
#15:


Squall28 posted...
Part of me just wants that industry to die, and get replaced by renewable energy.

all of me doesn't want that at all because i have moufs to feed

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CrazyandLazy
04/14/20 2:12:30 PM
#16:


Trump managing the economy while juggling the pandemic. Awesome!

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Squall28
04/14/20 4:25:56 PM
#17:


Also people who bought puts lost tons of money. Screw them!

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Zack_Attackv1
04/14/20 4:26:33 PM
#18:


Moneh! How much would make you happeh?!
You can have it aaaaall if it'll suit you right!
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emblem boy
04/14/20 4:46:01 PM
#19:


Squall28 posted...
Also people who bought puts lost tons of money. Screw them!



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John_Galt
04/14/20 4:49:18 PM
#20:


Dont fight the fed

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2Pacavelli
04/14/20 4:49:34 PM
#21:


Taxes payers gave them trillions while we're still waiting for scraps
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Squall28
04/14/20 4:50:38 PM
#22:


emblem boy posted...



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modena
04/14/20 4:51:24 PM
#23:


Aaaaaaannd its gone.

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Hexenherz
04/15/20 9:06:19 AM
#24:


Remember that one guy that was like "if you invest today you're just throwing money away" in every topic lmfao. I mean I don't know if it's a permanent recovery yet but someone could have easily made a few bucks in the past week alone.

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Squall28
04/15/20 9:24:19 AM
#25:


Hexenherz posted...
Remember that one guy that was like "if you invest today you're just throwing money away" in every topic lmfao. I mean I don't know if it's a permanent recovery yet but someone could have easily made a few bucks in the past week alone.

eh I'm not really sold on it either. I still sitting on some money although I spent 10k already like 2 weeks ago.

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Balrog0
04/15/20 9:25:23 AM
#26:


Everyone who held onto their investments in 2008 came out on eventually

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KiwiTerraRizing
04/15/20 9:26:10 AM
#27:


Almost like the stock market is just a confidence game not based on anything.

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malenz
04/15/20 9:28:56 AM
#28:


modena posted...
Aaaaaaannd its gone.
lol

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AngelsNAirwav3s
04/15/20 12:08:05 PM
#29:


TVIX has been a cruel bitch these last few weeks, but I bought in yesterday and got a solid 20% gain today :)

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The Trent
04/15/20 1:38:04 PM
#30:


still stuck with my two tvix shares
guess i'll just sell them and take the L

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Spellcaster
04/15/20 1:40:30 PM
#31:


Two weeks to halfway recover, three minutes to drop it all

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kinetika_
04/15/20 1:41:20 PM
#32:


Squall28 posted...
Part of me just wants that industry to die, and get replaced by renewable energy.

Yes, it needs to die

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The Trent
04/15/20 1:43:58 PM
#33:


why do you guys want my family to be hungry

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OpenShut
04/15/20 1:47:42 PM
#34:


The Trent posted...
why do you guys want my family to be hungry
?

No one wants your family to be hungry. Can you fault people for wanting to advance in technology? World would be a much better place if we could move away from fossil fuels.
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The Trent
04/15/20 1:49:20 PM
#35:


no i can tell you guys want my children to miss meals

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OpenShut
04/15/20 1:50:58 PM
#36:


The Trent posted...
no i can tell you guys want my children to miss meals
You could always look for a better job in a non-dying field
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Hexenherz
04/15/20 1:51:14 PM
#37:


The Trent posted...
still stuck with my two tvix shares
guess i'll just sell them and take the L
lol why would you do this

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MudKip_Master
04/15/20 1:53:48 PM
#38:


I checked my 401(k) this morning.

Cam confirm : )
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The Trent
04/15/20 1:55:44 PM
#39:


OpenShut posted...
You could always look for a better job in a non-dying field

ohhh you're right let me throw away my 10+ years of experience and knowledge and start all over all because you want my kids to be hungry and threadbare


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Zodd3224
04/15/20 1:56:32 PM
#40:


KiwiTerraRizing posted...
Almost like the stock market is just a confidence game not based on anything.

Just like every dollar in the world

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OpenShut
04/15/20 2:01:50 PM
#41:


The Trent posted...
ohhh you're right let me throw away my 10+ years of experience and knowledge and start all over all because you want my kids to be hungry and threadbare
Experience transfers. It's a dying industry, no question about that. Even if we didn't want to move on to more efficient sources of energy, at the rate we use fossil fuels, they'll be drying up in the next 20 years or so.
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Atralis
04/15/20 2:02:12 PM
#42:


You jinxed it.
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Sackgurl
04/15/20 2:02:30 PM
#43:


OpenShut posted...
Experience transfers. It's a dying industry, no question about that. Even if we didn't want to move on to more efficient sources of energy, at the rate we use fossil fuels, they'll be drying up in the next 20 years or so.

most of the data coming in about shale deposits suggests that isn't true

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The Trent
04/15/20 2:07:25 PM
#44:


if it's dying, the death will be after i'm retired so there's literally no reason for me to jump ship now unless i want my kids to be hungry like you want my kids to be hungry

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IReallyDoubtIt
04/15/20 2:09:33 PM
#45:


The Trent posted...
the death will be after i'm retired so

Like a breath of poisonous air.

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The Trent
04/15/20 2:10:13 PM
#46:


hell yeah!

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AngelsNAirwav3s
04/15/20 2:43:33 PM
#47:


The price of oil dropping won't kill the industry... if anything it will make it even harder for renewables to compete because you can buy oil for energy for pennies.

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Zodd3224
04/15/20 2:46:10 PM
#48:


AngelsNAirwav3s posted...
The price of oil dropping won't kill the industry... if anything it will make it even harder for renewables to compete because you can buy oil for energy for pennies.

Yes it will if the prices are below the break even price, which they are for most countries currently.

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Solid Snake07
04/15/20 2:48:46 PM
#49:


Squall28 posted...
Part of me just wants that industry to die, and get replaced by renewable energy.


It's not physically possible to replace it with anything other than nuclear, which isnt exacly popular either

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AngelsNAirwav3s
04/15/20 3:50:31 PM
#50:


Zodd3224 posted...
Yes it will if the prices are below the break even price, which they are for most countries currently.

No.... it is simple supply and demand. If prices are below the break even price, that means there is too much supply, so countries will stop producing. This will lower the supply, causing the price to go back up, and as soon as it goes above break even price, they will start producing again.

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