Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Jun 16, 2020 2:42:27 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Jun 16, 2020 2:46:39 GMT -8
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Post by socal Film Composer on Jun 16, 2020 4:38:37 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Jun 16, 2020 5:40:57 GMT -8
And others are sure to follow.
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Jun 16, 2020 6:49:03 GMT -8
I thought the main driver was retail sales being up for May, significantly. The article has month over month data, where compared to the year ago month would also be important. Electronics section was up 50%! finance.yahoo.com/news/coroanvirus-covid-may-2020-retail-sales-171911895.htmlNo one has been through this exact situation, so it's all a matter of when the economy gets back to around where it was. Spending and jobs! Some section are pretty trailing (IGT), but direct retail seems to adjust jobs quickly, though manufacturing can lag a little. OTOH, not all places react quickly. We've been dealing with Interactive Brokers for months on an estate issue. They only have 2 employees in that department, and have been swamped for months. I would think that would be more than enough time to move someone over or hire someone, even if they are just an assistant who helps streamline things for the pair. Instead, we sit with false hope that maybe today someone will get back to our various calls, messages, and emails.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Jun 16, 2020 12:20:23 GMT -8
And yet another impressive close today.
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