Bull market in view after S&P 500 hits fresh year-high

Callinectes said:
Why did the fed raise interest rates? Why do they keep on raising interest rates? Will this foretold bull market bring down prices on virtually everything, at least to Trump levels? No. And this is the primary concern of people not in the investor class. Prices are too damned high. And they won’t decline significantly in your “bull market”.
Click to expand...

I'll just keep repeating this from the other thread in reply to this constant stupidity being asked by Magat derps.

Waaaa.

Waaaaaaaa.


Biden needs to be the first POTUS in history who figures out how to make the cost of goods DOWN, instead of steadily rising almost each and every year.[/B][/SIZE]

fredgraph.png
^^^ that is the Consumer Goods INdex for anyone who does not know.

It shows that over time costs of ALL goods only go up. 20 years from now things will all cost more than today and so on and so on.

That Biden is being judged because he will not defy the trend and magically make things cheaper, year over year, is just the base dumb thoughts of Magats.

What instead happens, in a healthy society is wage growth outpaces the rising cost of goods thus making things cheaper, despite the sticker shock high prices. And that is what Bidenomics has triggered as wage growth has been outpacing inflation making people richer, year over year.
 
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QP! said:
What instead happens, in a healthy society is wage growth outpaces the rising cost of goods thus making things cheaper, despite the sticker shock high prices. And that is what Bidenomics has triggered as wage growth has been outpacing inflation making people richer, year over year.
Click to expand...

If you presume to educate me, you sanctimonious asshat, you should bring some new information to the table. I have been working for a half century and I have observed this phenomenon of price hikes/inflation vs. wage growth. It puzzles me, but as long as income growth does, in fact, keep up with the price hikes, I basically shrug it off. I get a COLA in my military pension every year. It does NOT keep up with inflation, and during the pandemic I lost over $20,000 in wages at the job that I will finally retire from in April. I'm losing pension money from that because of the $20k and the way the pensions are calculated, but I don't care anymore because I'm tired and there's nothing I can do about it.

I understand that no president can end this cycle (especially one with such limited capacity as the tater head), There are obviously fluctuations in the economy as a whole. But steps can be taken to cushion the effect. There is a wide chasm between your perception and my reality and the reality of millions of other Americans.
 
Callinectes said:
If you presume to educate me, you sanctimonious asshat, you should bring some new information to the table. I have been working for a half century and I have observed this phenomenon of price hikes/inflation vs. wage growth. It puzzles me, but as long as income growth does, in fact, keep up with the price hikes, I basically shrug it off. I get a COLA in my military pension every year. It does NOT keep up with inflation, and during the pandemic I lost over $20,000 in wages at the job that I will finally retire from in April. I'm losing pension money from that because of the $20k and the way the pensions are calculated, but I don't care anymore because I'm tired and there's nothing I can do about it.

I understand that no president can end this cycle (especially one with such limited capacity as the tater head), There are obviously fluctuations in the economy as a whole. But steps can be taken to cushion the effect. There is a wide chasm between your perception and my reality and the reality of millions of other Americans.
Click to expand...

The "perception" you are speaking of, is peoples FEELINGS, and while feelings are important FACTS do not GAF about your feelings.

What matters in any novel or new situation such as World Wide Covid (or any pandemic) and World Wide Inflation is the FACTS as to how the country (and POTUS/Leader) handled compared to their peers.

That is singular best and meaningful measure.

If every other country's population gets 75% wiped out but yours only 25% wiped out, YES your peoples FEELINGS and "perception" may be that this sucks but if you are blaming your leadership because you simply WANT a better result while ignoring the EXCELLENT result they got compared to all peers you are naive and borderline stupid.

It is the same for World Wide Inflation coming out of a Pandemic. If your POTUS and Nation handled it better and protected the citizens from more pain than any other nation on the downside, and your citizens are also coming OUT OF IT BETTER than any other nation, and their complaint (FEELS/PERCEPTION) is that 'it still feels bad' and they wish it was even better, and they want to be critical of him they are naive and borderline stupid.


These are the FACTS that do not care about any of our feelings. Biden dealt with World Wide Inflation BETTER than any other leader and any other Nation. Better than ALL OF THEM. Meaning US citizens did better, overall compared to citizens in EVERY OTHER country. So any complaint that it still does not FEEL/Perception good, that attributes blame to Biden is just nonsense.
 
QP! said:
The "perception" you are speaking of, is peoples FEELINGS, and while feelings are important FACTS do not GAF about your feelings.

What matters in any novel or new situation such as World Wide Covid (or any pandemic) and World Wide Inflation is the FACTS as to how the country (and POTUS/Leader) handled compared to their peers.

That is singular best and meaningful measure.

If every other country's population gets 75% wiped out but yours only 25% wiped out, YES your peoples FEELINGS and "perception" may be that this sucks but if you are blaming your leadership because you simply WANT a better result while ignoring the EXCELLENT result they got compared to all peers you are naive and borderline stupid.

It is the same for World Wide Inflation coming out of a Pandemic. If your POTUS and Nation handled it better and protected the citizens from more pain than any other nation on the downside, and your citizens are also coming OUT OF IT BETTER than any other nation, and their complaint (FEELS/PERCEPTION) is that 'it still feels bad' and they wish it was even better, and they want to be critical of him they are naive and borderline stupid.


These are the FACTS that do not care about any of our feelings. Biden dealt with World Wide Inflation BETTER than any other leader and any other Nation. Better than ALL OF THEM. Meaning US citizens did better, overall compared to citizens in EVERY OTHER country. So any complaint that it still does not FEEL/Perception good, that attributes blame to Biden is just nonsense.
Click to expand...

We added another Trillion in debt in less than a football season.

Buckle Up.
 
Your futures are in the process of being downsized.

The collapse in standard of living will be stunning, and the society will be barbaric....the piles of bodies will be massive this time.
 
You were warned....DO NOT! forget that part.

Education was always the answer....Stupid hurts in this Universe....Bend Over.
 
Hawkeye10 said:
We added another Trillion in debt in less than a football season.

Buckle Up.
Click to expand...

Yes.

Before Republi'cans', around the time of Reagan decided they would ALWAYS add maximum debt in good times and bad, with Trump being the exemplar of adding maximum debt during the good times he inherited from Obama, the normal way gov'ts viewed Debt and Surpluses was that during good economies you would try to generate surpluses and pay down debt (Clinton) so that during Recessions or bad economies the government at that time could use debt as a tool to soften the impact.

Had Trump, for instance run surpluses his first 3 years and paid down debt and let interest rates rise back to normal, which he easily could have, then when Covid hit, he (and likely only he, as i think he would have won a second term) would have had the tools to tackle the World Wide Recession far more than what Biden did.

Instead he handed Biden the credit cards run up to the maximum just as the country went into a crisis gutting Revenue and causing other massive issues.

If you compare how BOTH Trump and Biden have managed to utilize debt, Trump was a disaster using it solely to give the economy a sugar high when it was already running like a top (thanks to Obama) and Biden has put on a master class, using it to dig us out of the position Trump left us in, while getting the best results of ANY AND ALL nations.
 
Callinectes said:
If you presume to educate me, ...
Click to expand...

Fox News business segment talking begrudgingly about how incredibly great the Bidenonomics economy CURRENTLY is.


8ebzhf.jpg


Even if you remove the Covid 2020 effect from Trump, and just look at Trumps first 3 years, while leaving in the Covid effect for Biden, he is crushing the Trump economy in almost every single measure. Jobs growth. Stock market, etc. All the things Trump used to brag about.

It is why Trump is now forced to ADMIT Bidenomics is good while instead trying to take credit for it.
 
QP! said:
I'll just keep repeating this from the other thread in reply to this constant stupidity being asked by Magat derps.

Waaaa.

Waaaaaaaa.


Biden needs to be the first POTUS in history who figures out how to make the cost of goods DOWN, instead of steadily rising almost each and every year.[/B][/SIZE]

fredgraph.png
^^^ that is the Consumer Goods INdex for anyone who does not know.

It shows that over time costs of ALL goods only go up. 20 years from now things will all cost more than today and so on and so on.

That Biden is being judged because he will not defy the trend and magically make things cheaper, year over year, is just the base dumb thoughts of Magats.

What instead happens, in a healthy society is wage growth outpaces the rising cost of goods thus making things cheaper, despite the sticker shock high prices. And that is what Bidenomics has triggered as wage growth has been outpacing inflation making people richer, year over year.
Click to expand...

Real people like us, rather than the 1-percenters who #TRE45ON enriched. MAGATs don't seem to care a bit about that, ever notice?

"You all just got a lot richer," Trump tells friends, referencing tax overhaul
 
Callinectes said:
If you presume to educate me, you sanctimonious asshat, you should bring some new information to the table. I have been working for a half century and I have observed this phenomenon of price hikes/inflation vs. wage growth. It puzzles me, but as long as income growth does, in fact, keep up with the price hikes, I basically shrug it off. I get a COLA in my military pension every year. It does NOT keep up with inflation, and during the pandemic I lost over $20,000 in wages at the job that I will finally retire from in April. I'm losing pension money from that because of the $20k and the way the pensions are calculated, but I don't care anymore because I'm tired and there's nothing I can do about it.

I understand that no president can end this cycle (especially one with such limited capacity as the tater head), There are obviously fluctuations in the economy as a whole. But steps can be taken to cushion the effect. There is a wide chasm between your perception and my reality and the reality of millions of other Americans.
Click to expand...

Like what?
 
QP! said:
The "perception" you are speaking of, is peoples FEELINGS, and while feelings are important FACTS do not GAF about your feelings.

What matters in any novel or new situation such as World Wide Covid (or any pandemic) and World Wide Inflation is the FACTS as to how the country (and POTUS/Leader) handled compared to their peers.

That is singular best and meaningful measure.

If every other country's population gets 75% wiped out but yours only 25% wiped out, YES your peoples FEELINGS and "perception" may be that this sucks but if you are blaming your leadership because you simply WANT a better result while ignoring the EXCELLENT result they got compared to all peers you are naive and borderline stupid.

It is the same for World Wide Inflation coming out of a Pandemic. If your POTUS and Nation handled it better and protected the citizens from more pain than any other nation on the downside, and your citizens are also coming OUT OF IT BETTER than any other nation, and their complaint (FEELS/PERCEPTION) is that 'it still feels bad' and they wish it was even better, and they want to be critical of him they are naive and borderline stupid.


These are the FACTS that do not care about any of our feelings. Biden dealt with World Wide Inflation BETTER than any other leader and any other Nation. Better than ALL OF THEM. Meaning US citizens did better, overall compared to citizens in EVERY OTHER country. So any complaint that it still does not FEEL/Perception good, that attributes blame to Biden is just nonsense.
Click to expand...

Let's give the simpletons a picture since words don't seem to sink in very well. This map is current as of Dec. 2023. It was compiled by the IMF.

ucZNyDe.jpg
 
ThatOwlWoman said:
Let's give the simpletons a picture since words don't seem to sink in very well. This map is current as of Dec. 2023. It was compiled by the IMF.

ucZNyDe.jpg
Click to expand...

If the Republiclowns had to deal with FACTS, they'd lose every time. That's why they spew so much bullshit.
That's why FoxNews had to pay out $787 million in fines for lying and deceiving their clueless audience.
The Republiclowns can't win with the truth.
 
Joe Capitalist said:
Fawkewe10 should change his name to Chicken Little with all his 'The Sky is Falling' bullshit.
Click to expand...

Seriously. He freely admits to alcohol and substance abuse. He wallows all night in doom and despair Twitter feeds and alt-RW crazy blogs, and then tries to rub the gloom off on us. He's got a cyber fling going with the fake teacher, who has similar handicaps. Pretty unhealthy lifestyle, eh?
 
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