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Old 12-20-2019, 10:55 PM   #74
xoxoxoBruce
The future is unwritten
 
Join Date: Oct 2002
Posts: 71,105
The stock market goes up like an auction for a limited commodity. It goes up on the absence of bad news but doesn't reflect the economy until that makes the news. The economy is slowing a lot because consumers are worried, and rightly so.
The reports to Wall Street are good because of the shenanigans by corporate officers to hide downturns. Until Celedon laid off 4,000 people last week.

Of course the encouragement to BUY! BUY! has nothing to do with their cut of every transaction.
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