Dow Soars 500 points as inflation peaks

Lion84

Well-Known Member
Apr 10, 2015
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Unlike you idiots I am glad it went up even though we have an empty suit in the WH who has zero to do with it- but let me know when it gets back to it’s 52 week high and gas and inflation are where they were a year ago - I guess baby’s steps for this administration and it’s cult following.
 
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NJPSU

Well-Known Member
May 29, 2001
44,640
15,792
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Unlike you idiots I am glad it went up even though we have an empty suit in the WH who has zero to do with it- but let me know when it gets back to it’s 52 week high and gas and inflation are where they were a year ago - I guess baby’s steps for this administration and it’s cult following.
The market is significantly higher than it was on election night.
 

bdgan

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May 29, 2008
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Nonfarm business sector labor productivity decreased 4.6 percent in the second quarter of 2022

I know you guys aren't big on productivity. It means people actually work and are largely self sufficient.

But you do have a point. This bear market rally leaves the market down only 11% YTD
 
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2lion70

Well-Known Member
Gold Member
Jul 1, 2004
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Nonfarm business sector labor productivity decreased 4.6 percent in the second quarter of 2022

I know you guys aren't big on productivity. It means people actually work and are largely self sufficient.

But you do have a point. This bear market rally leaves the market down only 11% YTD
Me, I'm bigly into Utils.
 

NJPSU

Well-Known Member
May 29, 2001
44,640
15,792
1
Nonfarm business sector labor productivity decreased 4.6 percent in the second quarter of 2022

I know you guys aren't big on productivity. It means people actually work and are largely self sufficient.

But you do have a point. This bear market rally leaves the market down only 11% YTD
..after being up 27% in 2021.
 

bdgan

Well-Known Member
May 29, 2008
61,914
38,848
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Me, I'm bigly into Utils.
I've always kept about 10% in utilities as part of a balanced portfolio.

I have another 10% in iBonds, most of which were purchased when you could buy more and they came with a fixed component.
 

NJPSU

Well-Known Member
May 29, 2001
44,640
15,792
1
Jesus Fvucking Christ you are boring. Seriously, you have two shticks… the market and trying to piss people off with Biden congrats posts. Do better.
Think of it as a public service message because you know damn well right wing media isn’t going to tell you anything positive.