Stock Market?

[Agent47]

Fact. If your name is not red, I dont care what you say.

You do and that’s why we are having these exchanges.

Work with facts, not emotions

 

[Reynolds]

You do and that’s why we are having these exchanges.

Work with facts, not emotions

I mean I disregard your instructions. Facts are not the issue. Interpretation of facts is the issue.

 

[Agent47]

I mean I disregard your instructions. Facts are not the issue. Interpretation of facts is the issue.

wrong interpretation of facts is what you get when you get emotional.

only a lunatic would mock the pangs of Rona; lost revenue, bankruptcies and unemployment and all the uncertainties. It could be you or anyone else. We all wish a quick cute and tidy recovery but that’s seldom the case. Study other disruptions in history and tell me whether you see a V curve.

 

[Reynolds]

I never said we would see a v curve.

 

[InTheLight]

V-shaped recovery is wishful thinking

I follow NASDAQ closely

Work with facts, not emotions

Facts? You want facts?

What shape do you see in the graphs of the S&P500 index and the NASDAQ index?

Looks a lot like a V-shape to me!

 

[FollowTheWay]

The unemployment rate figure was understated due to a “miscalculation error” and that’s what led to the rally.


The May jobs report ‘misclassification error’ explained

This information was public on Bloomberg.com BEFORE the stock market open on Fri.
U.S. Jobless Rate Unexpectedly Fell in May as Hiring Rebounded
"One caveat noted by the U.S. Labor Department: the unemployment rate “would have been about 3 percentage points higher than reported” if data were reported correctly, according to the agency’s statement. That refers to workers who were recorded as employed but absent from work due to other reasons, rather than unemployed on temporary layoff."

 

[Agent47]

This information was public on Bloomberg.com BEFORE the stock market open on Fri.
U.S. Jobless Rate Unexpectedly Fell in May as Hiring Rebounded
"One caveat noted by the U.S. Labor Department: the unemployment rate “would have been about 3 percentage points higher than reported” if data were reported correctly, according to the agency’s statement. That refers to workers who were recorded as employed but absent from work due to other reasons, rather than unemployed on temporary layoff."

it was on the fine print of the report not exactly out in the open

 

[Agent47]

Facts? You want facts?

What shape do you see in the graphs of the S&P500 index and the NASDAQ index?

Looks a lot like a V-shape to me!



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View attachment 3906

V shaped is economic performance such as unemployment, GDP growth, inflation bla bla.

Go back to school and study irrational exuberance