I see that the Dow took another dump today......Down another 248 at close

[rightwinger]

Your "president" destroyed our economy.

Bidenomics SAVED this country from the economic disaster that Trump left

Biden gave us 15 million jobs
Trump LOST three million

 

[Concerned American]

There is only one thing to do in mass inflation caused by mass spending, spend more money!!!

Mwhahahahaha!!!!!

Pretty much a foregone conclusion in those circumstances whether you want to or not.

 

[Votto]

Pretty much a foregone conclusion in those circumstances whether you want to or not.

I'm sure Mike Johnson and the GOP will join forces to stand up to the DNC spending and demand they spend even more, so no worries there.

 

[Votto]

Bidenomics SAVED this country from the economic disaster that Trump left

Biden gave us 15 million jobs
Trump LOST three million

Biden continues to save people, like in Afghanistan and the Ukraine and Israel and at the border.

When will he stop do you think or are we all dead men?

 

[leftwinger]

The hot CPI report last week coupled with uncertainty in the ME and shit leadership in DC makes me think inflation will continue to rise.

Treasury yields tickled 5% today as investors are looking for safe havens to park their money.

I'm buying another 50K CD in a couple days.

i get 4.5% per month? in a savings account. first time ever? or I never had enough to qualify before? I know it was zero all of Obiden 1.0. Dreadful times.

 

[Meister]

Did I miss your post thanking Joe for the market going up?

You mean when he created the inflation?
No, I did not.

idiot

 

[rightwinger]

I hope treasury yields mean bonds go up? Lost 22% under Obiden in 2022. This AFTER i moved account ”more safe” early 2021 because the idiots stole the election. Close but still total value did not reach previous “Trump peak”. Now on the way down again, unless my bonds offset stock losses?

To tell you the truth, I dont understand the bond market at all? Too lazy to try much more than I have. I heard it is safer so I got in like 30-70 mix now? Big losses seem to have slowed?

You need to invest in the DEEP STATE
You can’t lose

 

[iku]

Yup, inflation is starting to go back up, the NYSE had baked 6-8 rate cuts into the market for 2024.
Now they know they probably are going to get 2 or less.
Thanks, Joe.

Inflation Reduction Act, right?

 

[marvin martian]

Okie dokie.

move along

Since Biden took office:

Gasoline: +47.8%
Groceries: +21.1%
Restaurants: +21.4%
Baby food: +30.5%
Pet food: +23.7%
Rent: +20.9%
Electricity: +28.3%
Natural gas: +26.9%
Used cars: +20.9%
Air fare: +32.7%
Public transportation: +22.2%
Real average weekly earnings: -3.9%

 

[JGalt]

It's right next to yours when the Trump market went from 18K to 30K in four years, moron.

I looked at the market history, did the math, and this is what I found:

When Trump took office on January 20, 2017, the Dow Jones was at 19,855.74

It rose to 30,814.26 by the time Biden took office on January 30, 2021, or 10,958.52 points.

The highest point the Dow Jones has risen to under Joe Biden was 39,807.37 March 28, 2024. That is a net gain of 8,993.11 points overall during the presidency of Joe Biden, as opposed to a net gain of 10,958.52 during the Trump administration.

Market gain under Joe Biden - 8,993.11points

Market gain under Donald Trump - 10,958.52 points

Now let's hear more from the left about how fucking great the stock market was under Joe Biden.

Just for shits and giggles, we should do the inflation rate next. See right below this post...

 

[marvin martian]

Bidenomics SAVED this country from the economic disaster that Trump left

Biden gave us 15 million jobs
Trump LOST three million

Since Biden took office:

Gasoline: +47.8%
Groceries: +21.1%
Restaurants: +21.4%
Baby food: +30.5%
Pet food: +23.7%
Rent: +20.9%
Electricity: +28.3%
Natural gas: +26.9%
Used cars: +20.9%
Air fare: +32.7%
Public transportation: +22.2%
Real average weekly earnings: -3.9%

 

[Procrustes Stretched]

Since Biden took office:

Gasoline: +47.8%
Groceries: +21.1%
Restaurants: +21.4%
Baby food: +30.5%
Pet food: +23.7%
Rent: +20.9%
Electricity: +28.3%
Natural gas: +26.9%
Used cars: +20.9%
Air fare: +32.7%
Public transportation: +22.2%
Real average weekly earnings: -3.9%

Wow!

Presidents have that kind of control?

Who knew.

 

[Blaster]

The economy sucks under Biden.

 

[marvin martian]

Wow!

Presidents have that kind of control?

Who knew.

Yup. Bad economic policies create economic problems. Someday you'll learn that simple fact.

 

[leftwinger]

I looked at the market history, did the math, and this is what I found:

When Trump took office on January 20, 2017, the Dow Jones was at 19,855.74

It rose to 30,814.26 by the time Biden took office on January 30, 2021, or 10,958.52 points.

The highest point the Dow Jones has risen to under Joe Biden was 39,807.37 March 28, 2024. That is a net gain of 8,993.11 points overall during the presidency of Joe Biden, as opposed to a net gain of 10,958.52 during the Trump administration.

Market gain under Joe Biden - 8,993.11points

Market gain under Donald Trump - 10,958.52 points

Now let's hear more from the left about how fucking great the stock market was under Joe Biden.

Just for shits and giggles, we should do the inflation rate next.

Obidens first gains were nothing but Trump hangover early 2021 and onward. 2024 was starting out on fire but now?

 

[Concerned American]

Inflation Reduction Act, right?

More wasted tax $$$.

 

[Oddball]

Metals up again, despite yesterday's down futures....The flight to safety may be getting into full gear.

 

[iku]

More wasted tax $$$.

more debt
more inflation
devalued USD

the disaster is unfolding right before our eyes and the Media is working feverishly to convince us there are no problems.

 

[Concerned American]

Who knew.

Clearly not you.

 

[JGalt]

Wow!

Presidents have that kind of control?

Who knew.

The current President has no control over anything, not even his own bowels.