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Re: Economy- Getting Better?
[Re: 1955Retiree]
#3169603
07/16/20 02:51 PM
07/16/20 02:51 PM
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Joined: Jul 2010
Posts: 9,197
B'ham
Goatkiller
14 point
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14 point
Joined: Jul 2010
Posts: 9,197
B'ham
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At this point investing in the markets is legalized gambling. We are in uncharted waters.... I would say that is an undeniable fact. Personally we are doing a lot at our office to prepare for a slowdown in the 3rd and 4th quarters. We kicked the can down the road with the stimulus and a LOT of small businesses are just not going to survive.... because this China Virus is not going away. We are going to be in this pattern for a while.
California is shutting back down that's all you need to know. They are a huge piece of the overall economy of the United States.
They keep pumping money into the markets and they might go up despite all this. At some point someone somewhere has to pay the Piper.
No government employees were harmed in the making of this mess.
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