Dow Hits 36,000! Profits soaring!!

No, shit captain obvious.
Democrats are trying but, as usual, the GQP blocks everything to help main street and the American worker.
Obviously, you claim the GOP “blocks everything” to help Main Street yet you provide nothing. Name one thing the Democrats are pushing for Main Street and how it would help Main Street?

The reality is that Democrats over the last 40 years don’t give a shit about small business.
 
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your article is from POSTED ON MAY 22, 2021

Which means 2/3 of that time and money was "created" under your god.
 
Obviously, you claim the GOP “blocks everything” to help Main Street yet you provide nothing. Name one thing the Democrats are pushing for Main Street and how it would help Main Street?

The reality is that Democrats over the last 40 years don’t give a shit about small business.
Biden's infrastructure plan.
Republicans can't stand helping their country, only the millionaires that reside in it.
 
Bitcoin is now an indicating measure...it's going sky high meaning the Dow is going up...but Bitcoin is a lagging indicator when going down.... meaning it tanks after the market tanks...which is not the narrative they wish to promote.

What is a tried and true indicator is Margin Debt. Anything above 55% and it's time to get out.
Well it's been over 55% since the market had a temper tantrum with money supply in March.
Meaning that when the taper begins and margin money is expensive...risk plus costs means one thing....a reversal.
We also have inflation...
Meaning a rise in every cost...from sugar to sugar beets... everything is going to be more expensive. Especially labor. (I'm personally betting on coffee)

As Bitcoin is NOT a legal tender and is a boutique currency...it's not going to hold it's value as a currency. Service fees of 20% or more for it's use are nuts. Not going to pay that!

So I'm ready for the market to tank... it's fun when going up and fun when going down...so long as it's moving I'm having fun.
Look at Tesla though...$1200 and climbing. $600-700 just last summer...
 
No, it isn't.
Congress kicked the can down the road until December.
Republicans, whining about the deficit/debt for the first time in 4 years because a Democrat is president.
Ignoring they massive debt they voted for...............$6,807,290,102,465.77
Okay, so any bad economic news after December is Quid Pro's fault? I'm looking for a date here. When are you going to hold Quid Pro responsible for what he does to the economy?
 
Biden's infrastructure plan.
Republicans can't stand helping their country, only the millionaires that reside in it.
Biden’s infrastructure plan is being pitched to help all Americans. Specific to small business….. what are Biden and the Democrats doing for them? Cutting taxes? Tax incentives? Lower regulations?

Coming up on a year, I’d say the Democrats and Biden still have a long way to go with small businesses.

 
Biden’s infrastructure plan is being pitched to help all Americans. Specific to small business….. what are Biden and the Democrats doing for them? Cutting taxes? Tax incentives? Lower regulations?

Coming up on a year, I’d say the Democrats and Biden still have a long way to go with small businesses.

Labor market transition and volatile pricing from supply/demand variability is leading to a lack of confidence. No one likes instability but the US market is built to handle it over the long term.


It was hard selecting only 4 paragraphs. Explains that what we are seeing in prices is volatility not inflation. More like a meme stock price due to sudden demand. Notes all the raw material falling prices. Sorry conservatives the Biden election didn’t suddenly turn inflation on its head.


Why We Should All Start Talking About ‘Whackflation’

Whackflation is an oscillation between big booms and busts. It’s big price spikes followed by price falls. It’s the uncomfortable position in which we watch complex systems that have been given a big whack by the global pandemic try to stabilize themselves. It is ‘whack’ in the sense that it’s rather alarming to witness, but also in the sense that it conjures up images of ‘whac-a-mole’ as one supply shortage leads to another.

In many ways, it’s the monetary equivalent of the bullwhip effect that’s been bedeviling consumers who want to buy things and the producers which make them, in which small changes in consumer demand at one end of the supply chain can end up leading to big swings in production at the other end.

The result is the risk of an environment in which violent run-ups in prices can be followed by falls that are just as extreme. Take, for instance, recent price action in iron ore futures — which sank below $100 a ton in Singapore trading on Tuesday as China’s authorities continued their attempts to curb steel production in an effort toconserve energy.
56E831CD-6B03-402B-ABF1-A3A89AD095B9.jpeg


Lumber futures, which presaged many of the recent supply shortages, are also in the process of normalizing, while China’s thermal coal prices have dropped to 878 yuan ($137) per ton from a peak of more than 1,900 yuan per ton. Extreme volatility in prices is a challenge for policymakers trying to smooth business cycles and control — or even forecast — broader inflation.
 
Labor market transition and volatile pricing from supply/demand variability is leading to a lack of confidence. No one likes instability but the US market is built to handle it over the long term.


It was hard selecting only 4 paragraphs. Explains that what we are seeing in prices is volatility not inflation. More like a meme stock price due to sudden demand. Notes all the raw material falling prices. Sorry conservatives the Biden election didn’t suddenly turn inflation on its head.


Why We Should All Start Talking About ‘Whackflation’

Whackflation is an oscillation between big booms and busts. It’s big price spikes followed by price falls. It’s the uncomfortable position in which we watch complex systems that have been given a big whack by the global pandemic try to stabilize themselves. It is ‘whack’ in the sense that it’s rather alarming to witness, but also in the sense that it conjures up images of ‘whac-a-mole’ as one supply shortage leads to another.

In many ways, it’s the monetary equivalent of the bullwhip effect that’s been bedeviling consumers who want to buy things and the producers which make them, in which small changes in consumer demand at one end of the supply chain can end up leading to big swings in production at the other end.

The result is the risk of an environment in which violent run-ups in prices can be followed by falls that are just as extreme. Take, for instance, recent price action in iron ore futures — which sank below $100 a ton in Singapore trading on Tuesday as China’s authorities continued their attempts to curb steel production in an effort toconserve energy.
View attachment 559439

Lumber futures, which presaged many of the recent supply shortages, are also in the process of normalizing, while China’s thermal coal prices have dropped to 878 yuan ($137) per ton from a peak of more than 1,900 yuan per ton. Extreme volatility in prices is a challenge for policymakers trying to smooth business cycles and control — or even forecast — broader inflation.
Lumber surged due to high demand and low supply....but the smaller mills are shutting down while housing demand stays strong. (No Canadian imports)

When the taper truly starts and Fed stops the market stimulus then let's see what happens. Of course lead balloons will fly higher than the market at that point.
 
Companies are making profits right now and Wall Street sure likes that. I remember how much of a barometer the stock market was to measure a President’s success over the last several years. When will you conservatives start enjoying a growing economy?


Dow Average Touches 36,000 Buoyed by Earnings: Markets Wrap
Stocks Pare Gains Amid Earnings, Fed Taper Outlook: Markets Wrap

Stocks rose toward another record amid earnings surprises and optimism the recovery in the world’s largest economy is on track.

The Dow Jones Industrial Average touched the 36,000 level. The S&P 500 climbed for a third day, led by commodity, retail and financial companies. The tech-heavy Nasdaq 100 underperformed. Treasuries fell.

More than 80% of S&P 500 companies reporting third-quarter results have beaten Wall Street estimates, according to data compiled by Bloomberg. That has laid the groundwork for a nearly 6% gain in the equity benchmark since the season began on Oct. 13 -- the best performance over a comparable period since 2014.
Another win for the good guys.
 
Maybe the Dow 36,000 will break the ceiling, but remember the Dow has been trading in a range (34,500 to 35,500) for many months. I assume it will slide (or plunge) down to the range it likes to be in.
 
Maybe the Dow 36,000 will break the ceiling, but remember the Dow has been trading in a range (34,500 to 35,500) for many months. I assume it will slide (or plunge) down to the range it likes to be in.
Market stimulus has unreasonably made it rise up due to margin purchases being essentially free.

When that stops and interest rates begin to double or triple.... possibly quadruple...then we will see what the market does.
 
yet you blamed it in Biden....weird
Fed Chair serves at the pleasure of the President...most presidents don't usually do much with them...but that has changed. It's become a lot more politically agenda driven in the past year. Also the SEC has become a lot more political and corrupt than in times past.

And if they don't find a way to get the manure back in the horse it's going to destabilize the Dollar.
 
Then you must be for a more equitable tax structure to raise taxes on the wealthy and soften the blow to the bottom of society. Awesome.

Er.... what?

I don't see how your vision would stop boom and bust at all. It'd merely make the poor poorer.
 
The supply/demand balance drives inflation. When demand goes up but supply does not, prices go up. That's inflation. It can come down again when demand goes down or supply goes up, but it's still inflation.
Ok, you're right that this is technically inflation. But I think it's a short-term supply problem. The wage inflation is long overdue.
 
Er.... what?

I don't see how your vision would stop boom and bust at all. It'd merely make the poor poorer.
Just like I thought. You pointed out the stock market makes the rich richer. You are just a complainer. No vision. A more graduated tax structure moved that money out of the top.
 
Companies are making profits right now and Wall Street sure likes that. I remember how much of a barometer the stock market was to measure a President’s success over the last several years. When will you conservatives start enjoying a growing economy?


Dow Average Touches 36,000 Buoyed by Earnings: Markets Wrap
Stocks Pare Gains Amid Earnings, Fed Taper Outlook: Markets Wrap

Stocks rose toward another record amid earnings surprises and optimism the recovery in the world’s largest economy is on track.

The Dow Jones Industrial Average touched the 36,000 level. The S&P 500 climbed for a third day, led by commodity, retail and financial companies. The tech-heavy Nasdaq 100 underperformed. Treasuries fell.

More than 80% of S&P 500 companies reporting third-quarter results have beaten Wall Street estimates, according to data compiled by Bloomberg. That has laid the groundwork for a nearly 6% gain in the equity benchmark since the season began on Oct. 13 -- the best performance over a comparable period since 2014.
Where else can pension funds and 401ks invest when rates remain super low? Definitely not CEO material. Inflation is close to 6%…time to raise interest rates…then let’s see how much shit you talk, leftist zombie.
 

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