Business dying but stock market up?

davie j

New member
I have been watching the stock exchange for some time and it keeps holding its own and what I want to know is why? Housing is still dying and business's are still loosing profits and restaurants are still on the slide and who the hell is somebody kidding? Someone is propping up the stock market to make it look better than it really is when in reality its like a open gaping wound that is having a band aid put on it and I can't wait for it to collapse so we can just get on with the real recovery! Now wouldn't you agree? Why postpone the inevitable?
No it hasn't went as far down as it will go! With the restaurant that are now on the fritz and the many who lost jobs to Mexico that flooded the restaurant chains for jobs to prop up their ability to pay their mortaiges and now the restaurants are now reporting possible more closings? Oh yes it can fall more and the dominos are not all down yet and they have more pushing on them to influence their fall!
Oh and I won't be here to pick best answer so the answer community will have to pick one that I won't agree with like they always do! Thanks for nothing! Why you ask? Well I have to work driving a truck like I always do to pay my bills and take care of my unemployed brother and son living with me! No jobs here! So heres your sign!
 
Many people that have a little extra are buying up the stocks of companies they hope will make it out of this.
If Home Depot is normally 50.00 for a stock but right now its at 22.5
they own most their buildings and don't have any excess debt in fact they have a little bit of float room.
So you think in three years it will be back up and you will have gotten a double return on your money.
Its a gamble for some it works out for others it doesn't which is why you should not be putting in money that you need right now, only extra money.
And not every company is going to collapse many companies that have used their money wisely are not in danger they own their buildings and have some money saved. Its the companies that played the credit game borrowing to make their company better they gambled and they lost.
In the year 1947 the average house cost 7,000 $ and the average income was 2,000 $ on average you could pay your house off in 10-15 years easy.
Right now the cost of housing to the cost of living is WAY off which is why everything is collapsing.
 
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