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re: CNBC’s Jim Cramer Declares ‘The Economy is a Juggernaut Now’ Headed for Historic ‘Boom’
Posted on 12/8/21 at 4:02 pm to TheRouxGuru
Posted on 12/8/21 at 4:02 pm to TheRouxGuru
quote:
Instead of your snarky arse liberal one liner, how about you tell us what the frick you’re talking about
The S&P 500 is +27% year to date
Dow is +18% year to date
Nasdaq Composite is +24% year to date
Vanguard Total Stock ETF is +24% year to date
By every measure the stock value of the American markets are on rocket fuel after the inauguration. You can try your sorry little punk arse to spin it any way you want but you can't possibly argue that the American markets aren't in a historic expansion boom. It's a matter of objective fact.
2
Posted on 12/8/21 at 4:08 pm to TBoy
quote:
The S&P 500 is +27% year to date Dow is +18% year to date Nasdaq Composite is +24% year to date Vanguard Total Stock ETF is +24% year to date By every measure the stock value of the American markets are on rocket fuel after the inauguration. You can try your sorry little punk arse to spin it any way you want but you can't possibly argue that the American markets aren't in a historic expansion boom. It's a matter of objective fact.
On face value you’re correct.
We are in for a doozy of a correction when the fed tapers and raises rates due to shite policies. The market is artificially inflated. Can’t wait to circle back to this comment.
Posted on 12/8/21 at 4:22 pm to TBoy
It’s too bad only 52% of the American Households are invested in The Stock Market. The rich continue to get richer. Equities are an excellent hedge against inflation up to a certain point. As soon as the tax rates goes up and the interest rates rise due to inflation, all bets in The Stock Market are off. We’re faced with a Mountain of Debt that will be a huge drag on future growth.
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