Stocks

[Gandalf]

Stocks up again today the market can remain irrational longer than I can

It has no connection with reality. At this stage with all the printing the market economy has no meaning.

Definite big fed prop up. I’d like to see the feds balance sheet. There are some companies reporting well, covid has benefited the bottom line of several companies and the major companies that are struggling now have the reserves and abilities to make it through this. It’s the smaller companies that can’t ride out a long term thing like this. So in the end the mega corps will end up bigger. Restaurants especially concern me. Microsoft is faring well with increased work from home and internet security is in high demand. Most of it is shit but still pumping up.

Totally. Small businesses are really done for and I have no interest in seeing franchises dominate the world. I always go to independent coffee shops. It is cheaper and it means more to support them, the notion of ruining them all is a bit sick. My wife thinks I am a bit odd with my dislike of Starbucks, but I think it is overpriced, full of hipsters, and the coffee isn't as good.