Stock Market At All Time High

[Independentthinker]

https://www.washingtonpost.com/business/2023/12/13/dow-jones-stock-market-record-high-economy-interest-rates/

It looks like all the pieces are coming together.

Jobs up
Wages up
Inflation down and the stock market booming

Yes. Bidenomics works and we are getting over the COVID crash

99% of Americans will be financially worse-off than they were pre-pandemic by mid-2024, JPMorgan says​

MSN

 

[Harpy Eagle]

Look it up retard
Disprove it if you can
NYSE and DOW keep charts of their pricing a going back many years

There, for the second time you are a dirty fucking liar.

Dow Jones Today | DJIA Index Live - Investing.com

Live Dow Jones data including quote, charts, news and analysis covering the Dow Jones Industrial Average (DJIA) in real time.

www.investing.com

 

[Mac1958]

It seems you are a dirty rotten liar...

View attachment 872995

Arrogantly ignorant, more likely.

 

[citygator]

Real wages are down under Tater.

Real wages are up.

Surprise: Wage growth has actually outpaced the crushing inflation over the past 2.5 years, according to the JEC Democrats

"The economy appears to be doing better than a lot of people might realize or be willing to admit," one expert says.

fortune.com

 

[TheGreatSatan]

My investments just hit an all time high.

Awesome, spread the word. If the economy is as hot as it feels, buying stock is smart.

Democrats, buy stocks.

 

[WEATHER53]

One segment is
Not The Market
Appears you are not involved with the market

 

[dblack]

I'm not impressed. If he can make it snow more - that might do it.

 

[Rigby5]

https://www.washingtonpost.com/business/2023/12/13/dow-jones-stock-market-record-high-economy-interest-rates/

It looks like all the pieces are coming together.

Jobs up
Wages up
Inflation down and the stock market booming

Yes. Bidenomics works and we are getting over the COVID crash

Wrong.
The stock market being up or down is artificial manipulation that has nothing at all to do with the real world.
No of the money invested in the stock market is at all secured.
For every winner, there has to be a loser.
It is the most unproductive scam ever invented.

Jobs are not up.
The employment rate dropped incredibly during covid, and is no where near back up to what it should be even.

Wages are not up.
Minimum wage federally is still $7.25/hr, and while states have higher rates, they have not at all kept up with inflation.

Inflation has NOT at all stopped or even slowed much.
The initial ridiculous gas price increased dropped, but only by draining most of our strategic oil reserves.
Food and housing prices have not dropped back down and are still rapidly increasing.

 

[Billiejeens]

Actually I have read where it is based on his very low polling numbers

President Joe Biden's low approval rating may be a good sign for the stock market

President Joe Bidens low approval rating may bode well for the stock market, according to a Wednesday note from Ned Davis Research

africa.businessinsider.com

Correct.
He is behind in all 7 swing states.
Investors see hope on the horizon.

 

[Billiejeens]

I'm not impressed. If he can make it snow more - that might do it.

Do you love snow?

 

[leftwinger]

Great. All for it. But when the GOVT money runs out.......see 2015, 2016 when Obiden 1 ran out of stimulus funds. Sideways, lethargic, pathetic....stalled. We all lived it.

 

[Rigby5]

Maybe we should have social security invest in the market....Oh wait!

Blah, who am i kidding, they would just invert in "green" companies that will go bankrupt.

Social Security does not have to invest in the stock market, nor should anyone really.
Social Security already has the best possible investment, the national debt.
We sometimes have to pay as much as 13% interest on the national debt, so then there is no better possible investment.
Having Social Security finance the national debt is how we caused the economic boom in the US ever since the late 1950s.

 

[airplanemechanic]

The market went up on the speculation that the feds will drop interest rates next year.

Biden didn't do a fucking thing. I take that back, he was responsible for MASSIVE inflation which drove up interest rates. Now that they might go back down a bit, he gets the credit. Kinda like a fireman starting a fire and then being deemed the hero for trying to throw water on it.

https://www.cnn.com/economy/live-news/federal-reserve-meeting-121323/index.html#:~:text=Three%20rate%20cuts%20are%20on,of%205.25%25%20to%205.5%25.

 

[citygator]

Great. All for it. But when the GOVT money runs out.......see 2015, 2016 when Obiden 1 ran out of stimulus funds. Sideways, lethargic, pathetic....stalled. We all lived it.

We are already near normal numbers post pandemic.

 

[boevans]

I am not in the top 1%. But we are in the top 12% in that we have no debts and have not for years.

Part of that is the stock market, most of it is hard work combined with on an eye on how we spend and how we spend.

Be careful, though. The stock market is not main street.

We still have a ways to go, but if anyone tells you Biden is ruining the economy, you will know you are looking at a dumb man or a bad man.

 

[Rigby5]

99% of Americans will be financially worse-off than they were pre-pandemic by mid-2024, JPMorgan says​

MSN

Yes, the gap between the wealthy elite and common poor is increasing.
The massive national debt is the main cause in my opinion.
All the interest on the national debt payment leaves the country, making us continually poorer, as a country.

 

[dblack]

Do you love snow?

Indeed I do.

 

[boevans]

Biden econmics works.

 

[Mac1958]

Biden hasn't had the TRILLIONS in help from the Fed that Trump did.

And Trump begged for more.

I wonder how many Trumpsters know that.

Trump calls on Fed to cut rates by 1% and urges more quantitative easing

In a two-part tweet, the president says more easing would make the economy "go up like a rocket."

www.cnbc.com

 

[Marener]

Great. All for it. But when the GOVT money runs out.......see 2015, 2016 when Obiden 1 ran out of stimulus funds. Sideways, lethargic, pathetic....stalled. We all lived it.

GDP growth in 2015 was 2.9% which was as much growth as Trump could muster in 2017 even though he passed a massive tax cut.