JP Morgan forecasts 14% decline for US economy 3rd Quarter 2020
https://business.financialpost.com/investing/u-s-economy-will-shrink-by-14-as-coronavirus-leads-to-worst-contraction-in-50-years-jpmorgan-warns
YOu know what I noticed? Ole JOe is absolutely thrilled at the prospect that everyone around him may soon be as broke and worthless as he is.
Wonder if he'll do the right thing and jump in front of a moving train when it doesn't quite work out that way.
Quote from: "Biggie Smiles"
Wonder if he'll do the right thing and jump in front of a moving train when it doesn't quite work out that way.
Well Bigly, I'm gonna keep an eye on the stock market over the next 6 mos fer sure.
If the economy will shrink that much, the the Stock market will decline by 3 or 4 times as much?
Does that sound about right?
So 3x14=42%
or 4 x 14% = 56%.
So the Dow may decline to as low as 8,000 to 10,000 by November Election day, eh Bigly?
I'll read up on what Mr. Robbins has ta say:
https://youtu.be/NHbvZF8u52g
I was his chauffeur when he came ta Vancouver, Canada eh?
I drove him to his private jet on the way to the airport.
Too bad you won't have shit to invest when it does touch 8000 eh? You broke ass bum?