Bump when these numbers move
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Re: Bump when these numbers move
TravelinMan wrote:Motown Spartan wrote:Friendly reminder that the stock market was never this high when Trump was in office.
"Ordinary people don't have money in the stock market. This only benefits the rich folks!"
Amazing. You posted a fact that is mostly correct.
BTW, Bump is the necessary last word when talking about the stock market in this thread.
Bump
Re: Bump when these numbers move
TravelinMan wrote:Motown Spartan wrote:Friendly reminder that the stock market was never this high when Trump was in office.
"Ordinary people don't have money in the stock market. This only benefits the rich folks!"
I don’t think even Bob really believes that.
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Re: Bump when these numbers move
Motown Spartan wrote:TravelinMan wrote:
"Ordinary people don't have money in the stock market. This only benefits the rich folks!"
I don’t think even Bob really believes that.
TM likes to take information that is 80% true and pretend it is 100% true. (Or 39% true if you are counting people, instead of percentage of stocks)
Bump
Last edited by Trapper Gus on Tue 3 Sep 2024 - 9:19; edited 1 time in total
Re: Bump when these numbers move
TravelinMan wrote:Motown Spartan wrote:Friendly reminder that the stock market was never this high when Trump was in office.
"Ordinary people don't have money in the stock market. This only benefits the rich folks!"
Even non-rich folks benefit when they wisely invest in their company's 401k program.
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Re: Bump when these numbers move
Floyd Robertson wrote:TravelinMan wrote:
"Ordinary people don't have money in the stock market. This only benefits the rich folks!"
Even non-rich folks benefit when they wisely invest in their company's 401k program.
87% of US stocks are owned by the top 20% of income earners.
40% of US stocks are owned by foreign investors.
bump
Re: Bump when these numbers move
Pensions are invested in the stock market.
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Re: Bump when these numbers move
I don't know enough about it to even have a belief.Motown Spartan wrote:TravelinMan wrote:
"Ordinary people don't have money in the stock market. This only benefits the rich folks!"
I don’t think even Bob really believes that.
I just know that I didn't work hard to get to where I am and that, apparently, annoys some people.
instead, I just enjoyed life and appreciated how fortunate I am. Still do.
Last edited by Robert J Sakimano on Tue 3 Sep 2024 - 10:38; edited 1 time in total
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Re: Bump when these numbers move
Motown Spartan wrote:Pensions are invested in the stock market.
https://www.cnn.com/2023/09/07/success/pensions-retirement-savings-explained/index.html
Okay. Are you counting 401k and the other defined contribution plans as pensions.
I don't, and I think most would agree with me.
Re: Bump when these numbers move
Trapper Gus wrote:Motown Spartan wrote:Pensions are invested in the stock market.
https://www.cnn.com/2023/09/07/success/pensions-retirement-savings-explained/index.html
Okay. Are you counting 401k and the other defined contribution plans as pensions.
I don't, and I think most would agree with me.
No, it’s just a data point that supports the fact that the stock market benefits more than just the mega rich.
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Re: Bump when these numbers move
Motown Spartan wrote:Trapper Gus wrote:
https://www.cnn.com/2023/09/07/success/pensions-retirement-savings-explained/index.html
Okay. Are you counting 401k and the other defined contribution plans as pensions.
I don't, and I think most would agree with me.
No, it’s just a data point that supports the fact that the stock market benefits more than just the mega rich.
Other than TM no one is disagreeing with that.
Re: Bump when these numbers move
Trapper Gus wrote:Motown Spartan wrote:
No, it’s just a data point that supports the fact that the stock market benefits more than just the mega rich.
Other than TM no one is disagreeing with that.
Hey, I'm just parroting what I learned during 2016 to 2020 from the good liberals here and on ToB. I'm nothing if not trainable.
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Re: Bump when these numbers move
Bullwrinkle errrr TravelinMan still trolling.
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Re: Bump when these numbers move
TravelinMan wrote:Trapper Gus wrote:
Other than TM no one is disagreeing with that.
Hey, I'm just parroting what I learned during 2016 to 2020 from the good liberals here and on ToB. I'm nothing if not trainable.
Somehow you still believe in market economics even though the sellers totally control the prices, so I'm not so sure your "I'm trainable" is correct.
Re: Bump when these numbers move
Hey now.. he worked hard to get to where he is.GRR Spartan wrote:Bullwrinkle errrr TravelinMan still trolling.
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Re: Bump when these numbers move
https://apnews.com/article/stock-markets-employment-fed-inflation-growth-aa764f4e90e3a90e892ba3fe5f649031
Bump
Bump
Re: Bump when these numbers move
Numbers, but not bumpable ones.
IMO the shakers & movers of the market are still unwinding the AI bubble, which of course they shorted, while waiting for the next shiny thing to inflate the price of...
https://apnews.com/article/unemployment-benefits-jobless-claims-layoffs-labor-c6fa106a41d896ef3b62c3a2810ca1da
IMO the shakers & movers of the market are still unwinding the AI bubble, which of course they shorted, while waiting for the next shiny thing to inflate the price of...
https://apnews.com/article/unemployment-benefits-jobless-claims-layoffs-labor-c6fa106a41d896ef3b62c3a2810ca1da
Re: Bump when these numbers move
Employment numbers not good, UE drops however.
https://apnews.com/article/jobs-hiring-federal-reserve-inflation-unemployment-economy-bac1b453d3873d5f23f2061344d28fd9
https://apnews.com/article/jobs-hiring-federal-reserve-inflation-unemployment-economy-bac1b453d3873d5f23f2061344d28fd9
Re: Bump when these numbers move
I see the markets are already overreacting. Jobs creation is down from last year because why create jobs you can't fill. Firings are down because getting 50% from a bad employee is better than 0% from a vacant job opening. Too bad corporate greed hadn't spurred 70% of the post-Covid inflationary pressure that got us into this mess to begin with. The jobs creation numbers reported are still UP from June and July and OMFG it's all doom and gloom.
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Re: Bump when these numbers move
Floyd Robertson wrote:I see the markets are already overreacting. Jobs creation is down from last year because why create jobs you can't fill. Firings are down because getting 50% from a bad employee is better than 0% from a vacant job opening. Too bad corporate greed hadn't spurred 70% of the post-Covid inflationary pressure that got us into this mess to begin with. The jobs creation numbers reported are still UP from June and July and OMFG it's all doom and gloom.
Read that before the Fed rate cut became a forgone conclusion on the street bad news was good news and vice-versa, now bad news is bad news, however adding more jobs and a dropping UE is not bad news.
IMO the street wants prices to drop and is painting the news as bad news to justify what they are doing.
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Re: Bump when these numbers move
Trapper Gus wrote:Floyd Robertson wrote:I see the markets are already overreacting. Jobs creation is down from last year because why create jobs you can't fill. Firings are down because getting 50% from a bad employee is better than 0% from a vacant job opening. Too bad corporate greed hadn't spurred 70% of the post-Covid inflationary pressure that got us into this mess to begin with. The jobs creation numbers reported are still UP from June and July and OMFG it's all doom and gloom.
Read that before the Fed rate cut became a forgone conclusion on the street bad news was good news and vice-versa, now bad news is bad news, however adding more jobs and a dropping UE is not bad news.
IMO the street wants prices to drop and is painting the news as bad news to justify what they are doing.
The street wants it's 0.5% basis cut and won't be happy until it gets it.
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Re: Bump when these numbers move
TravelinMan wrote:Trapper Gus wrote:
Read that before the Fed rate cut became a forgone conclusion on the street bad news was good news and vice-versa, now bad news is bad news, however adding more jobs and a dropping UE is not bad news.
IMO the street wants prices to drop and is painting the news as bad news to justify what they are doing.
The street wants it's 0.5% basis cut and won't be happy until it gets it.
The Fed is data driven...
The PCE is low enough to drop by 0.25
Re: Bump when these numbers move
Trapper Gus wrote:TravelinMan wrote:
The street wants it's 0.5% basis cut and won't be happy until it gets it.
The Fed is data driven...
The PCE is low enough to drop by 0.25
The Fed should be eliminated. Bunch of fucking hacks.
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Re: Bump when these numbers move
TravelinMan wrote:Trapper Gus wrote:
The Fed is data driven...
The PCE is low enough to drop by 0.25
The Fed should be eliminated. Bunch of fucking hacks.
I find Milton Freidman Libertarians to be so ignorant of history.
Re: Bump when these numbers move
Trapper Gus wrote:TravelinMan wrote:
The Fed should be eliminated. Bunch of fucking hacks.
I find Milton Freidman Libertarians to be so ignorant of history.
Funny, I find leftist liberals to be so ignorant of economics.
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Re: Bump when these numbers move
TravelinMan wrote:Trapper Gus wrote:
I find Milton Freidman Libertarians to be so ignorant of history.
Funny, I find leftist liberals to be so ignorant of economics.
I’m liberal because conservative economics is wrong in both theory and practice; it runs counter to basic business sense.
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Re: Bump when these numbers move
TravelinMan wrote:Trapper Gus wrote:
I find Milton Freidman Libertarians to be so ignorant of history.
Funny, I find leftist liberals to be so ignorant of economics.
The one thing that is well known about economics is that it is not a academic discipline which has an agreed to cannon. Economics in the academy is an argument, not an agreed to set of principles.
Re: Bump when these numbers move
What goes down also goes up....
https://www.schwab.com/learn/story/stock-market-update-close
Bump
https://www.schwab.com/learn/story/stock-market-update-close
Bump
Re: Bump when these numbers move
Trapper Gus wrote:Stock markets at all-time highs yesterday...
Bump
The economy is sneaky good right now. Lot of negative consumer sentiment (i.e. bitching and whining by entitled Millennials), but the fundamentals are solid.
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Re: Bump when these numbers move
I love staring at my 401k balance.
So a couple years ago the "experts" suggested I limit my exposure and spread it around... I did what they said (after all what the hell do I know) X% in bond backed X% in this fund or that fund... well the "bounce back" from the pandemic bullshit wasn't really reflecting my total with the "experts" suggestions. So I put it all in S&P 500 last October, I think I'm up like 28% since then.
So a couple years ago the "experts" suggested I limit my exposure and spread it around... I did what they said (after all what the hell do I know) X% in bond backed X% in this fund or that fund... well the "bounce back" from the pandemic bullshit wasn't really reflecting my total with the "experts" suggestions. So I put it all in S&P 500 last October, I think I'm up like 28% since then.
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Re: Bump when these numbers move
AvgMSUJoe wrote:I love staring at my 401k balance.
So a couple years ago the "experts" suggested I limit my exposure and spread it around... I did what they said (after all what the hell do I know) X% in bond backed X% in this fund or that fund... well the "bounce back" from the pandemic bullshit wasn't really reflecting my total with the "experts" suggestions. So I put it all in S&P 500 last October, I think I'm up like 28% since then.
A solid index fund from a reputable house is like setting cruise control for investing. Super easy, super efficient, super effective.
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Re: Bump when these numbers move
I did the same thing.AvgMSUJoe wrote:I love staring at my 401k balance.
So a couple years ago the "experts" suggested I limit my exposure and spread it around... I did what they said (after all what the hell do I know) X% in bond backed X% in this fund or that fund... well the "bounce back" from the pandemic bullshit wasn't really reflecting my total with the "experts" suggestions. So I put it all in S&P 500 last October, I think I'm up like 28% since then.
the only difference was, I put 3.5% into the NASDAQ, along with another 1.2% into the S&P.. mainly focusing on plastics, khakis and latex production.. loaded it into my profile, clicked "submit", sat back, dialed into the dashboard and watched my worth grow exponentionally. My 401-K was hotter than Georgia asphalt as I soaked it up in the hot tub.
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Re: Bump when these numbers move
Thank god for tWife, amiright?Robert J Sakimano wrote:I did the same thing.AvgMSUJoe wrote:I love staring at my 401k balance.
So a couple years ago the "experts" suggested I limit my exposure and spread it around... I did what they said (after all what the hell do I know) X% in bond backed X% in this fund or that fund... well the "bounce back" from the pandemic bullshit wasn't really reflecting my total with the "experts" suggestions. So I put it all in S&P 500 last October, I think I'm up like 28% since then.
the only difference was, I put 3.5% into the NASDAQ, along with another 1.2% into the S&P.. mainly focusing on plastics, khakis and latex production.. loaded it into my profile, clicked "submit", sat back, dialed into the dashboard and watched my worth grow exponentionally. My 401-K was hotter than Georgia asphalt as I soaked it up in the hot tub.
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Re: Bump when these numbers move
Probably should bump this as the Markets hit another all-time high yesterday...
Bump?
Bump?
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Re: Bump when these numbers move
(Friday market close) The bull market celebrated its second birthday a day early Friday by blowing out candles on new all-time highs for major U.S. indexes. Calmer wholesale inflation along with solid earnings from two large banks got the party started, though Treasury yields stayed near two-month peaks.
The S&P 500 index (SPX) topped 5,800 today for the first time after flirting with that level each of the prior two sessions. It's now up more than 60% from the 2022 low close of 3,577 posted October 12 that year, two years ago tomorrow. This is the fifth straight week of SPX gains.
The Dow Jones Industrial Average ($DJI) also closed at new highs, but the Nasdaq Composite ($COMP) remains under its July peak, partly reflecting investor rotation out of tech and into other sectors.
bump
The S&P 500 index (SPX) topped 5,800 today for the first time after flirting with that level each of the prior two sessions. It's now up more than 60% from the 2022 low close of 3,577 posted October 12 that year, two years ago tomorrow. This is the fifth straight week of SPX gains.
The Dow Jones Industrial Average ($DJI) also closed at new highs, but the Nasdaq Composite ($COMP) remains under its July peak, partly reflecting investor rotation out of tech and into other sectors.
bump
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Re: Bump when these numbers move
not sure how accurate this is, but it looks pretty pretty close.
Currently:
Inflation = 2.4%
Unemployment = 4.1%
Average income = $59,428/year
Avg cost of healthcare = $6,468/year
Avg home cost = $420,000
Avg cost of groceries (1 person) = $238.46 - $434.33 per month
Price of gas = $2.95/gallon
Currently:
Inflation = 2.4%
Unemployment = 4.1%
Average income = $59,428/year
Avg cost of healthcare = $6,468/year
Avg home cost = $420,000
Avg cost of groceries (1 person) = $238.46 - $434.33 per month
Price of gas = $2.95/gallon
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Re: Bump when these numbers move
Robert J Sakimano wrote:not sure how accurate this is, but it looks pretty pretty close.
Currently:
Inflation = 2.4%
Unemployment = 4.1%
Average income = $59,428/year
Avg cost of healthcare = $6,468/year
Avg home cost = $420,000
Avg cost of groceries (1 person) = $238.46 - $434.33 per month
Price of gas = $2.95/gallon
You could always link the main stream media outlet you saw it on?
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Re: Bump when these numbers move
my wife texted it to me.kingstonlake wrote:Robert J Sakimano wrote:not sure how accurate this is, but it looks pretty pretty close.
Currently:
Inflation = 2.4%
Unemployment = 4.1%
Average income = $59,428/year
Avg cost of healthcare = $6,468/year
Avg home cost = $420,000
Avg cost of groceries (1 person) = $238.46 - $434.33 per month
Price of gas = $2.95/gallon
You could always link the main stream media outlet you saw it on?
she's a good citizen, patriot, immaculate scholar and and overall swell lady.
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Re: Bump when these numbers move
Start a separate thread with those numbers. Name it “numbers Trump has inherited from Biden saving our country”.
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