Another banner day on Wall Street. Still shorting the Biden economy, NJ?

Petch

Well-Known Member
Mar 28, 2012
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DOW only down 100 today though. I guess that’s a win for Brandonomics. .
 

Gnat91

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Dec 28, 2016
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Jacksonville FL.
Biden has only been in office two years. Can't wait to see how much more he can fvck things up in the next two.

 
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Ski

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May 29, 2001
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Biden has only been in office two years. Can't wait to see how much more he can fvck things up in the next two.


Wishful thinking. The moron has only been President for 1 year and less than 4 months. Once Dumb kicks the bucket then we will get Dumber in office. There is a lot more pain coming for America.
 

Ian

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Gold Member
Jul 8, 2001
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The market is not a reflection of the economic health of the majority of Americans. It’s a pyramid scheme with only the top benefiting. It reflects the widening gap between the haves and the have nots. Cash in while you can because the gains will be gone before JoeyB leaves office.
 

bdgan

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May 29, 2008
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The market is not a reflection of the economic health of the majority of Americans. It’s a pyramid scheme with only the top benefiting. It reflects the widening gap between the haves and the have nots. Cash in while you can because the gains will be gone before JoeyB leaves office.
Sorry Ian but that's a very ignorant post.
  • 56% of Americans own stock
  • 31% of Americans have a pension plan that's invested in stocks
  • 40 years ago the DOW was trading below 1,000 and today it's close to 33,000.
Stock prices are a reflection of how profitable people think companies are going to be going forward. High stock prices are a projection of future growth. Growing companies are more likely to invest, hire people, and be more generous with wages. High stock prices also produce a wealth effect that gives people confidence to make discretionary purchases.
 
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