Jobless CLaims jump to 3.28 million.
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Started by TimNew - March 26, 2020, 8:34 a.m.
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By TimNew - March 26, 2020, 8:45 a.m.
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Oddly enough, equity futures appear to be rebounding following the release...

By TimNew - March 26, 2020, 10:23 a.m.
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Stocks rallying after  3.28 million jobless claims...     It's official...   I absolutely have no idea what happens next.  I'm just making sure gravity still works.

By metmike - March 26, 2020, 11:39 a.m.
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Thanks much Tim!

You and me both have no idea what the markets will do right here.

By TimNew - March 26, 2020, 11:43 a.m.
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This Single report probably comes close to tripling the U3 rate.  Wall St must be convinced it's a short term outlier.  I hope they are right.

By metmike - March 26, 2020, 11:57 a.m.
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Dow up more than 1,100 at the moment.

By Richard - March 26, 2020, 4:53 p.m.
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M2 money supply is running hot from all the Fed pumping. Stocks respond positively in this type of environment. Still expecting 1,800 on S&P. When is the big question? This year seems logical. Poor Trump so sad that he will loose. so sad for America.


By wglassfo - March 26, 2020, 5:19 p.m.
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I don't know if I have posted this in exact terms

But

INHO

We have come to the end of the road

Fed pumping money to infinity

Would you not think this would lead to inflation

That is why I said oil to 300

Russia and Saudi won't fight each other forever

Somebody will blink

They both want the shale biz to go BK

At least three reasons right here in this post for 300 oil

It only takes one reason