Re:Stock buybacks are dangerous for the economy
by vikramkr on Tuesday March 17, 2020 @05:32PM
(#22610691)
You're saying you don't agree, and then agreeing with one part of what I said without addressing the core of it. Yes people could anticipate that stocks will drop, but stocks are not the economy. a recession isn't about stock portfolios going down, it's about GDP decreasing. What does a restaurant having to close because of a public health countermeasure have to do with a hedge fund anticipating that stocks might go down?
Re:Stock buybacks are dangerous for the economy
by TheSpiceIsLife on Tuesday March 17, 2020 @04:35PM
(#22610066)
What do does the stock market have to do with restaurants becoming suddenly non-viable?
In my very limited understanding the price of stocks were way to high already. The virus is just the proverbial drop, it is not the cause.