Finally a President who truly understands the economy and can deliver real, sustained economic growth!
Never thought I'd live to see the S&P 500 blow by 4000
Thank you President Biden!
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Finally a President who truly understands the economy and can deliver real, sustained economic growth!
Never thought I'd live to see the S&P 500 blow by 4000
Thank you President Biden!
Just looked at my 401k today as i failed to do this yesterday
WINNING!!!!
900K job created!!
What a maestro Prez Joey B is!!!!!
No wonder he needs a lot of sleep, cause he is working his ass off for the country!!!
The only reason the stock market is doing well is because the fed has pumped (some would say laundered) nearly $12 TRILLION into it in the last 12 months through Wall St firms, commerical banks, foreign banks, and well connected corporations. Around 25% of all US dollars in the world right now were printed in the last 12 months with no slowdown in sight. If you think Dementia Joe Biden understands any of this, much less the future ramifications of this that the US cannot avoid, you're just as delusional as he is.
I figured given the fact JoeyB has dementia and was a joke for the last 50 years that this would mean that perhaps his presidency wouldn't go well, but maybe he is the GOAT.
Smalldaddy, what you think of the cages? Maybe those ICE officers OT pay in conjuction with increased cartel profits is bidding up the S&P?
900K created or just people going back to work after most restrictions have been lifted? I still know a ton of people looking to hire and they can't find workers. I know employment agencies that have shut down because no one is looking. Give them all another $600 per week for not working and the trend can't continue. $600 per week is $15 per hour + what they were previously getting on unemployment. Congrats Joe, there is one way to raise minimum wage
Under Trump this was considered job creation.
So same rules dont apply???
If ever a predecessor can take credit, this is the time. Trump had the strongest economy in a generation, all brought about because of his job creation policies. Then a weaponized pandemic and weaponized faux racism defeated. Now with the vaccine taking hold and people anxious to get back to living their lives, the economy starts to hum again.
Biden did NOTHING to fundamentally grow the economy. He immediately destroyed tens of thousands of high paying jobs, jobs not good for the economy. He immediately causes energy prices to rise, that's not good for the economy. Has energy prices continue to soar, that won't be good for the economy. When he increases taxes on business and he increases regulations, that won't be good for the economy.
When he tries to grow the economy with government programs, that too will fail. Just like Obama's trillion dollar stimulus was an unmitigated failure. As was QE 1, QE 2 and QE 3, which is why Obama owns the worst extended economic record since the Great Depression.
How quickly they forget
Trump was successful merely because he undid Obama. Biden will eventually fail for the very same reason, he's going to undue success.
A nation of idiots, we're so fucked (no, we're doesn't include me, it includes everyone that thinks government is their salvation)
didnt Trump take over a pretty economy? Did he make it better? He did.
do you really think Trump could have taken over GWB’s economy and made it that way?
Trump took over a 10-6 football team and made em 13-3
GWB left us with a 3-13 football team. Trump would not have made us 13-3
lol what
taking over an economy at its nadir is the best time to take it over, nowhere to go but up
Bush was as responsible for a worldwide credit crisis as much as Trump was responsible for a worldwide pandemic
Like Biden, Obama took over an economy which was tanked by hyperbole. And no, Obama never grew the economy, it sucked for eights years. The worst extended period of economic malaise since the great depression.
It was eights years of suck that gave us Trump. It was four years of hate which gave us Biden
yeah, healthcare getting hit hard- folks would rather stay home, multifactorial i'd imagine--- fear of the little bug, mom needs to take care of little Johnny -daycares closed, or at home school , govt cheques.
fun times
TLT maybe basing, been trashed . Needs to hold here, gotta control yields. BIG earnings coming up for tech gorrillas, could see a run up to earnings then we shall see. Tech has cooled off after two back-to-back spectacular calender yrs
TLT
1 decade monthly
pivotal level . .618 fibo level from Jan 2019 take off AND a horizontal support......who's buying US Treasuries![]()
Yep. My boss said he can't give away a job. Had 12 interviews and two showed up. Job market will be flooded later this year. People will be hard pressed to find a job.
There's an entire culture that lives check to check. If you keep giving them money, they're happy and they don't aim any higher
Restaurants are getting busy, but the owners are all working harder than ever. And they tend to work hard to begin with
More of that "privilege" I suppose
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