SPDR S&P 500 (SPY)

[Neutral Man]

TWO things that make one say, hmmmm!?

ONE) 10 million employees let go from Big and small Corporations amounts to 750 Billion in savings for said corporations, hmmm, what did deeze complanies do with all those savings?? Do you think they posted the best "Profits" they've posted during a economic downturn on the "BACKS" of all those workers let go, well, do ya!?

It seems rather Odd that they're pat-ing themselves on the back, rewarding themselves with large bonuses, and declare-ing everything back to normal while 10 million workers remain, well, Un-Employed, oh boy, sigh........

TWO) IF all these Companies our operating with demand that has fallen from -20% to -50%, HOW On EARTH can GDP be ANYTHING but Negative!?? Seems kinda Odd that we can have a positive GDP when EVERY Organization, but a handfull, are reporting demand that is only 60, 70, or 80% of what it was before 2007!? With that kind of contraction it would be IMPOSSIBLE to arrive at a Gross Domestic Product that exceeds the GDP of 207 and before!?

Has the Government made the whole GDP thing into a Joke by what they include (Government jobs, price increases, and counting outsource-ing 2, 3 and FOUR times), and what they do NOT include (Un-Employed workiers on un-Employment insurance), well, have they, oh boy, sigh......

In summary, the Corporations are posting record profits because of ONE thing, the 750 Billion in savings that they are NOT paying out to those 10 million workers! In addition, GDP is NOT positive and has NOT been positive for years, BUT, the shenanigan's being deployed to arrive at a "positive" number is, well, in total CONTEMPT of anything Truthful!!