U.S. companies were getting hammered again in the stock market Friday after China matched President Donald Trump’s tariffs in what is a rapidly escalating trade war.
Stocks aren’t real resources, they are imaginary potential resources. Stocks market fluctuations are important only as long as people think they are. Like a king who is a king only because his subjects consider him a king.
Some stock have value because the company is profitable, solid and is making money. I am no investor but Coca Cola I would imagine fit the description.
Stocks aren’t real resources, they are imaginary potential resources. Stocks market fluctuations are important only as long as people think they are. Like a king who is a king only because his subjects consider him a king.
Tell that to the people living on automatic withdrawals from their IRA accounts 🙄
Some stock have value because the company is profitable, solid and is making money. I am no investor but Coca Cola I would imagine fit the description.
Oh, so my 401k losing money isn’t real? Damn, that’s a relief.