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John asked in Business & FinanceInvesting · 2 months ago

The DOW and SP500 are up because of the 2 trillion stimulus package do you think the market will crash again and its only a temporary gain?

12 Answers

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  • Anonymous
    2 months ago

    We've only just gotten into this bear market and there are lots of false bottoms before the real one is reached.  The real bottom only becomes apparent long after the fact that it was the bottom and the market starts recovering for good.

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  • 2 months ago

    too early to tell. stocks will be volatile for a while.

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  • 2 months ago

    It might. There is a very high volatility right now

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  • Judy
    Lv 7
    2 months ago

    Will probably be up and down for awhile.

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  • Steve
    Lv 6
    2 months ago

    Yes. This is just a temporary increase. Maybe not for everything, but for a lot.

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  • 2 months ago

    People and businesses who are out of work want to go back to work, not live on handouts that don't pay their full incomes. If more bad news comes, the market will go back down.

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  • Anonymous
    2 months ago

    All gains are temporary. In the long run, we are all dead.

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  • 2 months ago

    Whether or not it holds depends on the effectiveness  the financial and public health actions.  My opinion is continued volatility until the health emergency is over.  Hang on to your hat.

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  • 2 months ago

    Honestly, the market is heading up. The problem is that it's all based on BS, but it could be years before anyone cares. The country will run a 3.3 Trillion dollar deficit this year, which will put the debt at 28 trillion on a country with a 20 trillion dollar GDP. We're insolvent, mostly, but no one seems to care, so you can still make money in the market. 

    • Lv 6
      2 months agoReport

      and it doesnt concern you that the global economy has been put on hold for nearly 4 months elsewhere besides the USA?

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  • Anonymous
    2 months ago

    Good question. I have been thinking about selling if it goes up a bit more.

    • Lv 6
      2 months agoReport

      you had better do it soon. as Cramer says "Pigs get slaughtered"

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