Will this stock market madness affect cards?

[Republicaninmass]

Originally Posted by 1952boyntoncollector

fortunes already made...lots of stocks now are within 10-20% of pre- crash....

even the hotels etc made a big jump

all thats left are cruise ships and banks and airlines....

No love for Oil and REITs? Most still down close to 70%

Yes the 1% certainly has profited quite a bit. Mom and pop with their shops closed and a conservative 401k certainly "have not"

[Dpeck100]

Originally Posted by Republicaninmass

No love for Oil and REITs? Most still down close to 70%

Yes the 1% certainly has profited quite a bit. Mom and pop with their shops closed and a conservative 401k certainly "have not"

I think much of the 1% hasn't profited at all. If you were in a basic asset allocation you are down.

In the two areas you mention there are steep losses but someone will step in and buy and if there is just a minor retracement they can make huge gains.

There will be some hedge funds that went out of business from the decline and there will be some that have incredible gains.