Why is the stock market rallying when the economy is so bad?

Re:Why is the stock market rallying when the economy is so bad? by amiga_500 on Sunday May 10, 2020 @07:29PM (#23137291)

Inequality is huge, just because you can buy 0.0000001% of IBM doesn't make that fair/democratic.

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Re:Why is the stock market rallying when the economy is so bad? by WalterBright on Sunday May 10, 2020 @08:59PM (#23137841)

If you buy stocks, you'll have the same proportionate gains/losses as everyone else who buys the same stocks.

Sounds fair to me.

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Re:Why is the stock market rallying when the economy is so bad? by durnygbur on Monday May 11, 2020 @04:15AM (#23139937)

I'm pretty sure the top executives and management don't pay 30% dividend tax, if they pay any at all.

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Re:Why is the stock market rallying when the economy is so bad? by WalterBright on Monday May 11, 2020 @04:56AM (#23140151)

If they receive dividends, they pay income tax on it.

Note that poor people pay 0% income taxes on capital gains and dividends.

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Re:Why is the stock market rallying when the economy is so bad? by amiga_500 on Sunday May 10, 2020 @09:45PM (#23138113)

No, because workers are underpaid to get stocks to rise. Capitalists get to have their cake and eat it.

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Re:Why is the stock market rallying when the economy is so bad? by loco5niner on Wednesday May 13, 2020 @12:49PM (#23168842)

So, become a Capitalist. You can start with $100

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