https://www.marketwatch.com/livecove...?mod=home-page
All aboard the Biden train boyos - new ATHs today. Inflation cooling, soft landing achieved, Biden cruising to a 2nd term. Beautiful.
|
-
05-15-2024, 01:51 PM #1
Inflation LOWER than expected; Biden's stock market PUMPING
Anti identity politics crew
Anti corporate welfare crew
Anti federal reserve crew
Anti central banking cartel crew
ETH millionaire crew
-
05-15-2024, 01:55 PM #2
-
05-15-2024, 02:00 PM #3
-
05-15-2024, 02:02 PM #4
Inflation is way above target lol.
Goods are offsetting services to a degree, but energy and groceries are still through the roof.
Housing prices are still sky high.
And the stock market pumping is only relevant to the top 10%.
And Biden is pumping out trillions of dollars a month in deficits to prop the house of cards up."I am a rational animal who occupies the intermediary position between angel and beast"
"The upper class is afforded their position by the collective burden the underclass must carry for them"
**Summer Walker Crew**
-
-
05-15-2024, 02:08 PM #5
-
05-15-2024, 02:09 PM #6
-
05-15-2024, 02:10 PM #7
-
05-15-2024, 02:13 PM #8
I’m not saying it’s gonna crash anytime soon, I’m just pointing out that we’re running Covid deficits still to prop the economy up, and wages are being decimated as a result.
1/3 of purchasing power evaporated since Trump was sworn in.
You’re a stupid fuking red alt account tho lmao."I am a rational animal who occupies the intermediary position between angel and beast"
"The upper class is afforded their position by the collective burden the underclass must carry for them"
**Summer Walker Crew**
-
-
05-15-2024, 02:19 PM #9
- Join Date: May 2006
- Location: Farmingville, New York, United States
- Age: 35
- Posts: 31,798
- Rep Power: 171902
Oh lawd, I just got out of a conference with management and they said that I was getting yet another promotion and pay raise effective next week, and they specifically gave credit to the #BidenEconomy for it. This will be the 7th promotion and raise I’ve gotten since Biden took office. I’ll also be able to retire a projected 15 years earlier than initially thanks to this Biden Boom.
*Sit there and don't know what to do when people sing happy birthday to me crew*
-
05-15-2024, 02:42 PM #10
-
05-15-2024, 02:56 PM #11
Trying to rewrite history by claiming Trump's term was "disastrous" is laughable at best.
S&P is up 38% since Biden took office (not 50% )
In the first three years of the Trump administration, S&P was up 44%
Meanwhile, inflation has been overall increasing since October, but suddenly Biden is awesome because it dipped for one month (from .4 to .3, but still 3.4% annual)...?
Reminder: Inflation never hit 3.4% under Trump, it peaked at 2.9% in mid-2018, then went down through the end of his term. Yeah, really "disastrous"
https://www.usinflationcalculator.co...flation-rates/Last edited by nutsy54; 05-15-2024 at 03:28 PM.
-
05-15-2024, 03:26 PM #12
-
-
05-15-2024, 03:27 PM #13
-
05-15-2024, 03:30 PM #14
The economy appears to be strong but the foundation is weak.
You have 3 main pillars propping up the economy and holding inflation steady, government spending, illegal immigration and China's artificial depression.
Government spending is now 35-45% of GDP, you have republicans and democrats coming together to approve massive unnecessary spending bills in an apparently strong economy under high inflation, this could change after the election.
You have unprecedented numbers of illegal immigrants coming into the country under high inflation, after Americans demand higher wages due to inflation, after a pandemic that caused Americans to lose their jobs, after a vaccine mandate that prevented some of Americans from returning to their jobs, these illegals are filling those jobs and propping up the real estate market through high demand and government checks, this could change after the election.
You have China on artificial lockdown for years after 2020 driving investment away from China and into America, this also caused our inflation to be higher and longer than necessary, if China fully reopens and starts flooding America with plastic then it will lower our inflation, giving JPow ammunition to cut more than people expect he can right now which will give Americans more capital to transfer to China, China is not waiting for the election to fully reopen, they are waiting for JPow to cut rates.
I think that covers why I "expect bad things" in 6 months and I didn't mention solar flares, Trump or nuclear war lol.
A new COVID Landscape in China January 25, 2023
After three years of implementing its “zero-COVID” strategy, China has dropped all COVID restrictions. In the weeks since, COVID-19 cases, hospitalizations, and deaths have skyrocketed in a country with low immunity and limited resources to address the current surge.
https://publichealth.jhu.edu/2023/no...ovid-landscapeI: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
-
05-15-2024, 03:36 PM #15
-
05-15-2024, 04:29 PM #16
-
-
05-15-2024, 04:53 PM #17
-
05-15-2024, 04:55 PM #18
-
05-15-2024, 11:46 PM #19
-
05-15-2024, 11:57 PM #20
-
-
05-16-2024, 12:49 AM #21
-
05-16-2024, 12:52 AM #22
-
05-16-2024, 12:59 AM #23
-
05-16-2024, 01:55 AM #24
- Join Date: Jul 2011
- Location: Maryland, United States
- Age: 56
- Posts: 38,947
- Rep Power: 214724
Inflation down to normal levels.
Real wages up since 2021.
Massive market gains DESPITE high Fed rates and no crying like the orange moron did on a regular basis about rates. Remember that rates were LOWERED in 2019 during a "booming" economy...LMFAO
Unemployment near all time lows (record achieved by Biden not the orange turd).
Housing prices exploded in 2020, yet another failing of the orange moron.
Biden fixed the steaming pile of chit Trump left of a country, economy in the toilet, ravaged by covid, 2020 completely bungled by Trump. There are tons of reasons why Trump was the unanimous choice as worst POTUS of all time. And it's only going to get worse for you cultist.Early AM workout crew.
Holy crap dude, Satan's huge crew.
-
-
05-16-2024, 02:10 AM #25
- Join Date: Aug 2006
- Location: Michigan, United States
- Age: 35
- Posts: 21,794
- Rep Power: 231854
-
05-16-2024, 02:49 AM #26
-
05-16-2024, 02:54 AM #27
- Join Date: Dec 2010
- Location: Georgia, United States
- Posts: 26,322
- Rep Power: 352954
Come on Sillie - you know better than the disingenuous, or misleading, stuff you spewed.
I'm busy today so I'll just start from the top and pick 1.
Sillie "Real wages up since 2021."
Fact
Starting from January 2021
https://fred.stlouisfed.org/series/LES1252881600Q#“A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.”
-
05-16-2024, 03:06 AM #28
-
-
05-16-2024, 03:11 AM #29
Gotta love how the libs best brag is inflation rate going back down, when prices are still way up and only seem to keep going up. Like the amount of damage the out of control inflation under Biden has done to the economy is epic, people can barely afford their groceries anymore, and these clowns keep trying to tell them it's no big deal.
-
05-16-2024, 03:18 AM #30
- Join Date: Jul 2011
- Location: Maryland, United States
- Age: 56
- Posts: 38,947
- Rep Power: 214724
Bookmarks