News for hackers. Stuff that matters.

A comment on Why is the stock market rallying when the economy is so bad?. Parent comment

Re:Why is the stock market rallying when the economy is so bad? by sudosysgen on Monday May 11, 2020 @01:10AM (#23139088)
Their MO used to be "The People's Car".

The People do not buy new cars without massive credit anymore, and in general do not buy new cars at all.

[ Parent | on HN ]
Re:Why is the stock market rallying when the economy is so bad? by xondono on Monday May 11, 2020 @04:04AM (#23139888)
“They do not buy new cars” is a great way for car manufacturers to lobby for more benefits.

Looking at sales numbers, “they don’t sell as much as they used to” is waaaay more accurate.

[ Parent | on HN ]