Of course the usual naysayers will chime in on how the economy is falling apart under this administration. Originally Posted by VitaMan
He's just a simp for BRANDON...I'm still waiting on him to tell us JUST ONE accomplishment of his...AIN'T GONNA HAPPEN.
It is falling apart, why else would Democrats and Independents start to abandon Joe Biden? They are either gullible rubes falling for a "right wind conspiracy" play or they are starting to see who they voted for and they don't like what they see.
As to your statement. Wanna make sure I do that. I'm did a search and asked "is the stock market the economy or vice versa"? And you know what I got back? I'll post it here but I think you are the one that keeps telling how dangerous it is to click on "any link from anybody" so I'll tell you what literally every comment from EVERYBODY says, "No, the stock market is not the economy and the economy is not the stock market".
I'm pretty damn sure I heard Joe Biden say but since it doesn't appear in a Google search, it must not exist but I know he said it.
You do know the "market" includes people who thrive and make money on losing. "The market, bless their hearts, knows how to "make money" in ways that the average working man, I include myself in that category, don't. Well, I do a little since my 401k is returning me at a rate of 24% for at least the last year, probably more.
It is entirely possible that in this instance, both can be true and can be reasonably understood as to why if only one had bothered to GOOGLE "is the stock market and the economy the same thing" and waiting for a "consensus" before jumping on the k-board, might know.
https://www.google.com/search?client...UTF-8&oe=UTF-8 Originally Posted by HedonistForever
Good point. Stocks skyrocketed in places like Venezuela and Zimbabwe when hyperinflation hit, although hopefully we'll never go there.The Fed will never raise it that high again
When one year T-bills yield 0.14% and inflation is 5.4%, like now, what are you going to do with your money? If you sit still you lose 5.26% per year. So you invest in stocks. But what if inflation isn't transitory? What if the Fed has to raise interest rates to 7%? Well it becomes harder to justify high P/E multiples for stocks. So maybe share prices go down. Time will tell. Originally Posted by Tiny
Good point. Stocks skyrocketed in places like Venezuela and Zimbabwe when hyperinflation hit, although hopefully we'll never go there.the fed is supposed to be dialing back their monthly bond and mortgage backed securities purchases of 120 billion per month
When one year T-bills yield 0.14% and inflation is 5.4%, like now, what are you going to do with your money? If you sit still you lose 5.26% per year. So you invest in stocks. But what if inflation isn't transitory? What if the Fed has to raise interest rates to 7%? Well it becomes harder to justify high P/E multiples for stocks. So maybe share prices go down. Time will tell. Originally Posted by Tiny
Must be ALL those accomplishments that BRANDON has done...but you refuse to tell us about...
The us about the coattails of BRANDON the Virginia followed?? Originally Posted by bb1961
You don't even realize the accomplishment of the Dow Jones reaching record highs.
The Trump administration took credit every chance they could. Now the Biden administration has trumped them. Originally Posted by VitaMan
Point to a single thing that would indicate that the markets are rising due to a Biden policy?actually the anti energy policies of biden did cause a segment of the stock market to rise
Could it be the announcement on day one that America would no longer pursue our own energy initiatives in favor of going hat in hand BACK to Saudi Arabia, pleading them to produce more of that "cleaner burning fossil fuel" and costing us more money to import what we already have in the ground? And FYI, our oil burns as well if not better than Saudi and Russian oil?
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. Originally Posted by HedonistForever