Dow 32000

DriveInDriѵeOut

Inordinately Right
That's your rebuttal?
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newfie

Well-Known Member
Like I said, who cares, let the market retreat. But more stimulus and zero interest rates is a path towards Dow 100,000.
your side called it a suger high when it was done under the trump administration. These spending plans are now at a level where they cant spend the money fast enough. Monies allocated from the past covid relief plans have not been spent. this whore of a plan will take decades to spend. congress is accelerating the deficit. Drunken sailors can not keep up with this group.

when a real economic crisis hits there will be no interest rates to lower and so much government money already in the pipeline that throwing more at it will only choke the engine. The next economic collapse will be a doosy.
 

The big package

Well-Known Member
My pension has stayed strong.

Bad news is great news for the market. Bad news = continued free money. Free money will continue to float the market.
Your pension has stayed strong because of the stock market . The stock market has been strong because of low taxes and less regulations freeing up revenue for businesses to invest and grow which means more jobs and to be able to compete internationally ( thank you President Trump ) . 100s of millions of people are involved directly or indirectly in the stock market . The better corporations do , the better the stock market does and the people and government benefit from this financially which means more spending and the movement of product (GDP) . The stock market is a gauge of how well the economy is doing . So the market and the economy are directly connected !!! My economic lesson for the day !!! Your welcome !!!
 

1989

Well-Known Member
My post is factually accurate.
She cries a lot.
Your pension has stayed strong because of the stock market . The stock market has been strong because of low taxes and less regulations freeing up revenue for businesses to invest and grow which means more jobs and to be able to compete internationally ( thank you President Trump ) . 100s of millions of people are involved directly or indirectly in the stock market . The better corporations do , the better the stock market does and the people and government benefit from this financially which means more spending and the movement of product (GDP) . The stock market is a gauge of how well the economy is doing . So the market and the economy are directly connected !!! My economic lesson for the day !!! Your welcome !!!
My pension was strong in 2009. Low interest rates and government stimulus floats the market. Even with high unemployment and a sputtering economy.
 

The big package

Well-Known Member
My pension was strong in 2009. Low interest rates and government stimulus floats the market. Even with high unemployment and a sputtering economy.
Yes , pensions did ok in 2009 because we were coming out of a recession in 2008 where pensions did not do well which btw Obama tried to take credit for coming out of a recession which he had absolutely nothing to do with because he had no economic policies (Just a side note) !!! And low interest rates generally are very good for the stock market . Stimulus checks are just a sugar rush and will not last and also has to be paid for by , you got it US !!! Historically high unemployment and a poor economy does not bode well for the stock market . This year a lot more people were working at home and a lot of people were also supplementing their lack of income by putting more savings in to the stock market !!! And once again President Trump made people very aware of the importance of saving and investing . He drove that message over and over again through 4 years making people aware of their pensions and savings !!!
 

1989

Well-Known Member
Yes , pensions did ok in 2009 because we were coming out of a recession in 2008 where pensions did not do well which btw Obama tried to take credit for coming out of a recession which he had absolutely nothing to do with because he had no economic policies (Just a side note) !!! And low interest rates generally are very good for the stock market . Stimulus checks are just a sugar rush and will not last and also has to be paid for by , you got it US !!! Historically high unemployment and a poor economy does not bode well for the stock market . This year a lot more people were working at home and a lot of people were also supplementing their lack of income by putting more savings in to the stock market !!! And once again President Trump made people very aware of the importance of saving and investing . He drove that message over and over again through 4 years making people aware of their pensions and savings !!!
The stock market decoupled from Main Street in March 2009. It is still eyeing the Fed. The longer Main Street suffers the longer the Fed will continue corporate welfare. A good economy doesn’t need/have zero interest rates.
 

fishtm2001

Well-Known Member
Your pension has stayed strong because of the stock market . The stock market has been strong because of low taxes and less regulations freeing up revenue for businesses to invest and grow which means more jobs and to be able to compete internationally ( thank you President Trump ) . 100s of millions of people are involved directly or indirectly in the stock market . The better corporations do , the better the stock market does and the people and government benefit from this financially which means more spending and the movement of product (GDP) . The stock market is a gauge of how well the economy is doing . So the market and the economy are directly connected !!! My economic lesson for the day !!! Your welcome !!!
donald loved perpetually ignorant.
 
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