OK Mr. Smart guy. If the economy is so great, why is the cookie shelf barren of chocolate graham crackers that poor mothers can make their children ice cream sandwiches and fixedincome seniors a reasonably affordable dessert for less than the six dollar boxes in the freezer department?It’s official. Joe has the grandest economy in the history of the world. He has picked up the pieces of Trump’s disaster and added much needed stability to the government and its returning opportunity everywhere. Links are below. Today’s company profits killed it.
- Highest corporate profits in history
- Highest stock market in history
- Most job opportunities in history
The aggregate third-quarter earnings result for S&P 500 companies has beaten analyst estimates by about 14%, according to Credit Suisse. Banks have beaten estimates by the widest margin, bringing the overall earnings beat drastically higher. Still, companies across the board are clearing profit expectations.
The results are enabling a breadth of stocks to rise, with the Invesco S&P 500 Equal Weight Exchange-Traded Fund (RSP) up 0.6%. That fund weights each holding in the index equally and its movements indicate the breadth of stocks that are up or down.
Optimism about corporate profits is helping push the Dow Jones Industrial Average higher.www.barrons.com
^DJI $35,457.31 (+0.56%) on Yahoo Finance
Dow Jones Industrial Average (^DJI) Charts, Data & News - Yahoo Finance
Graph and download economic data for Corporate Profits After Tax (without IVA and CCAdj) (CP) from Q1 1947 to Q2 2021 about IVA, CCADJ, corporate profits, tax, corporate, GDP, and USA.fred.stlouisfed.orgThe number of job openings in the US dropped to 10.439 million in August 2021, from an all-time high of 11.098 million in July and below market expectations of 10.925 million. It was the first month of decline in the level of the openings since December 2020 with the largest decreases reported...tradingeconomics.com
Oh crap! I didn’t realize the chocolate graham cracker index was negative. Sell all your stocks!!!!!citygator
OK Mr. Smart guy. If the economy is so great, why is the cookie shelf barren of chocolate graham crackers that poor mothers can make their children ice cream sandwiches and fixedincome seniors a reasonably affordable dessert for less than the six dollar boxes in the freezer department?
That's a major factor or part of the situation.Yeah, and the reason why?
Jesus fucking Christ you whores are such tools!
Negative job growth was because of the pandemic and State Economies opened up which caused the growth but of course you ignore that like usual!
Shhhhhh. You aren't supposed to call me genius in front of everyone. I was hoping nobody would ever find it out.Oh crap! I didn’t realize the chocolate graham cracker index was negative. Sell all your stocks!!!!!
News flash genius. We went through a closing and opening of the economy that affected demand patterns and supply patterns. People are baking more as an output of being shut down putting pressure on some supplies for baking.
Also 3 Mondelez (Oreo parent) snack company plants went on strike in September as well.
Hows the stock market and employment doing?
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