Re:The stock market and economy have parted ways
by blaser-waffle on Monday July 13, 2020 @04:07PM
(#23825033)
> #3 Given sports are mostly shut down(primarily in the US) sports betters are putting money into stocks instead and betting there so to speak.
> #4 People are using their stimulus checks extra unemployment money to invest in stocks.
Retail investors aren't going to drive prices that much.
Just a few weeks ago we looked at oil futures going negative here on HN, and there were thousands of retail investors getting into that -- and the prices didn't budge.
> #4 People are using their stimulus checks extra unemployment money to invest in stocks.
Retail investors aren't going to drive prices that much.
Just a few weeks ago we looked at oil futures going negative here on HN, and there were thousands of retail investors getting into that -- and the prices didn't budge.