JRCF29 8,230 Posted June 8, 2020 Share Posted June 8, 2020 The S&P 500 rallied a full 38 points on Monday to break even for the year, boosted by vaccine optimism and a strong May jobs report. The news will be welcome to the millions of Americans whose retirement and pension funds are tied or partially tied to the stock index, as well as individual investors and mutual fund holders. The gains were driven by airline shares including Alaska Airlines* (+17.6%) and United Airlines (+14.8%), as well as a strong day for Norwegian Cruise Line (+19.8%). Elsewhere, the Dow Jones added over 450 points and the NASDAQ also finished in the green with a 110 point jump. Source Source *The author of this thread owns shares in Alaska Airlines and was very very pleased with today's stock news Don't Call Me Gaga Link to post Share on other sites More sharing options...
HorusRa2 5,005 Posted June 8, 2020 Share Posted June 8, 2020 Yay. The huge corporations got their bailout and free government money while the working class slaves lost all of their savings because they lost their jobs or worse their lives. And then the government said here is your $1200 now **** off. Capitalism at its finest yall. Link to post Share on other sites More sharing options...
JRCF29 8,230 Posted June 8, 2020 Author Share Posted June 8, 2020 4 minutes ago, HorusRa2 said: Yay. The huge corporations got their bailout and free government money while the working class slaves lost all of their savings because they lost their jobs or worse their lives. And then the government said here is your $1200 now **** off. Capitalism at its finest yall. https://www.pewresearch.org/fact-tank/2020/03/25/more-than-half-of-u-s-households-have-some-investment-in-the-stock-market/ Don't Call Me Gaga Link to post Share on other sites More sharing options...
HorusRa2 5,005 Posted June 8, 2020 Share Posted June 8, 2020 2 minutes ago, JRCF29 said: https://www.pewresearch.org/fact-tank/2020/03/25/more-than-half-of-u-s-households-have-some-investment-in-the-stock-market/ Unlike the very rich people making money off of the turbulent changes in the stock market right now, not everyone who has an investment in the stock market has access to liquidate their investment. So, my point still stands that the situation has only continued to increase the wealth of the very rich while destroying what cash liquidity that working class people all for the sake of giving bailouts to corporations instead of people. Link to post Share on other sites More sharing options...
pachinko 10,755 Posted June 8, 2020 Share Posted June 8, 2020 21 minutes ago, HorusRa2 said: Yay. The huge corporations got their bailout and free government money while the working class slaves lost all of their savings because they lost their jobs or worse their lives. And then the government said here is your $1200 now **** off. Capitalism at its finest yall. I didnt get 1,200. Apparantly I make too much. Link to post Share on other sites More sharing options...
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