Stock Raving Mad

Just when you think you’ve started to understand how the stock markets and the economy work, you cruise to Bloomberg and see a headline like this:

stocks-go-nuts

We found out today that a lot of people lost jobs, so some people think that some other people might vote yes on a plan to take money from future people and give it other people who already did a pretty bad job of managing the money they already had, and those first people decide to buy lots of stocks.

One thought on “Stock Raving Mad

  1. Sharolyn's Husband

    I think the buyers today were excited about all the money those companies are saving from the layoffs.

    I am kidding, it all makes my head spin.

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