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Started By
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re: Morgan Stanley credits ‘Bidenomics’ in lifting its U.S. economic-growth outlook.
Posted on 7/24/23 at 3:07 pm to cmayes56
Posted on 7/24/23 at 3:07 pm to cmayes56
"I actually posted the actual numbers." You are just pissing in the wind with these folks.
As Simon/Garfunkel wrote in The Boxer:
...a man hears what he wants to hear
And disregards the rest...
As Simon/Garfunkel wrote in The Boxer:
...a man hears what he wants to hear
And disregards the rest...
Posted on 7/24/23 at 4:09 pm to cmayes56
I have never claimed Trump was an economic genius but I can assure the geriatric has no clue what is going on or where he is. Based off of your defense of him, I can tell that you have no clue either. Just because you are making slightly more money doesn’t mean you have more disposable income. I would think that someone who is in the financial sector would know that.
Posted on 7/24/23 at 4:23 pm to cmayes56
quote:
If the country had 8% growth, which you claim is normal.. the economy would melt down faster than reactor #4 at Chernobyl… dumbass
Take a look at the average for the S&P over the last 40 years. I understand it’s different than government, but your Dumbass is gloating over two percent. That’s pathetic and you’re a moron.
This post was edited on 7/24/23 at 4:26 pm
Posted on 7/24/23 at 4:43 pm to Born2rock
quote:That's why I called them "investors", Captain Obvious.
Hardly booming and most investors remain extremely nervous about Biden and his handlers' Ukraine war policies leading to direct engagement by US troops, and continued fear of a banking failure.
....and yet, most are still investing in the stock market...
Posted on 7/24/23 at 4:59 pm to BBONDS25
Don’t divert.. your dumbass said 8% is normal..
Posted on 7/24/23 at 5:03 pm to Rip Torner
Another great rebuttal.. your opinion isn’t valid evidence of the current economic situation in this country.
And btw.. that geriatric guy that doesn’t know what is going on.. kicked Trumps arse from his basement and he will do it again
And btw.. that geriatric guy that doesn’t know what is going on.. kicked Trumps arse from his basement and he will do it again
Posted on 7/24/23 at 5:05 pm to cmayes56
quote:
The economy keeps outperforming the experts expectations.. that’s a good thing in my opinion.
Morgan Stanley expected the stock market to hit 3300-3000 early this year. We’re sitting just under 4600 as of market close today. Yet you’re referring to the “experts”.
When you realize the experts don’t know anything but rather exist just to lead retail to slaughter, everything will finally make sense to you.
Posted on 7/24/23 at 5:06 pm to GhostOfFreedom
quote:
My grocery bill has gone up dramatically over the last two years and the portions have decreased in the effort by manufacturers to hide the price increases. It suck
But the price of eggs!!!!!!! If you’re not doing well in this economy you’re doing something very wrong.
Posted on 7/24/23 at 5:19 pm to Motownsix
quote:
If you’re not doing well in this economy you’re doing something very wrong.
Shut the frick up. Dipshit.
Posted on 7/24/23 at 5:21 pm to cmayes56
quote:According to the usurper Burau of Labor Statistics...
Lowest unemployment in 60 years
13 million new jobs
CHIP
Lowest inflation of all G7 countries
Infrastructure Investment
GDP at 2% growth
These are all good things.
"Philly FED Admits Biden’s Bureau of Labor Statistics Overstated US Job Growth in 2022 by At Least 1.1 Million
The US government overstated job growth in 2022 by at least 1.1 million!
From the Philly Fed.
"Estimates by the Federal Reserve Bank of Philadelphia indicate that the employment changes from March through June 2022 were significantly different in 33 states and the District of Columbia compared with current state estimates from the Bureau of Labor Statistics’ (BLS) Current Employment Statistics (CES). Early benchmark estimates indicated higher changes in four states, lower changes in 29 states and the District of Columbia, and lesser changes in the remaining 17 states.
Our estimates incorporate more comprehensive, accurate job estimates released by the BLS as part of its Quarterly Census of Employment and Wages (QCEW) program to augment the sample data from the BLS’s CES that are issued monthly on a timely basis. All percentage change calculations are expressed as annualized rates. Read more about our methodology. Learn more about interpreting our early benchmark estimates.
In the aggregate, 10,500 net new jobs were added during the period rather than the 1,121,500 jobs estimated by the sum of the states; the U.S. CES estimated net growth of 1,047,000 jobs for the period."
This post was edited on 7/24/23 at 6:49 pm
Posted on 7/24/23 at 5:30 pm to gallagherkck
quote:The "experts" know the occupied government has lied using the now-weaponized Bureau of Labor Statistics - and have been saying so since late 2021.
gallagherkck
I have seen MOST discussions of this by "experts" saying the numbers, virtually ALL of them - are fabricated. These people are appalled, as should you be appalled. There is peril in this action.
Posted on 7/24/23 at 5:31 pm to cmayes56
quote:you are a fool
cmayes56
Posted on 7/24/23 at 5:43 pm to cmayes56
quote:
13 million new jobs
You realize 1/3 of these jobs from the past several years are going to get revised down in the future? They are using the birth-death model to calculate new service jobs based on the increase in unemployment insurance tax accounts. A number that went vertical due to the CARES Act and a tax code change (not new business formation) while bankruptcies are rising and credit standards are tightening to recessionary levels? The jobs numbers are completely absurd.
Posted on 7/24/23 at 5:54 pm to Penrod
quote:
An interesting point. There is a realignment taking place. I don't pretend to understand how it will shake out, but the Democrats appear to be becoming the party of monied interests and the Republicans appear to be becoming the party of working people. They are flipping roles, while holding positions that used to make sense -- Dems wanting free medical and Repubs wanting low taxes - for their overall platforms.
Well said. Just a quick search shows me this result from 2011...
quote:
Democrats Seek to Own 'Occupy Wall Street' Movement
Anti-Wall Street protests offer opportunity, pitfalls for Democrats.
Is that the same Democratic party we're seeing today?
Posted on 7/24/23 at 5:59 pm to saint tiger225
quote:They also used to be PRO-peace
Is that the same Democratic party we're seeing today?
and PRO free speech
The Bolshevik Khazarians currently occupying our government have kicked their azz but thoroughly - they are not even recognizable any more.
This post was edited on 7/24/23 at 6:02 pm
Posted on 7/24/23 at 6:14 pm to cmayes56
quote:
Don’t divert.. your dumbass said 8% is normal..
I’d hate to see your portfolio. Although you’re a far left wacko, so I’m guessing there isn’t much in it.
Posted on 7/24/23 at 6:32 pm to cmayes56
I know you are hoping he does which is again further proof of your genius. Tell me o great one, what is going to happen to inflation once hundreds of billions of more dollars is pumped into the economy with the new student debt plan? On top of the billions of dollars being shipped to Ukraine, let me guess investors on Wall Street think it is great therefore it must be lol. “Trump would have spent more”, I can just hear it now. You are either young and naive with no life experience or work for the government.
Posted on 7/24/23 at 6:37 pm to HubbaBubba
There’s always some degree of nervousness when you are putting money in the market. When Biden was elected, I don’t believe half of the country stopped investing.
Posted on 7/24/23 at 6:46 pm to CAPEX
quote:
Biden has positioned the US in a pretty good place. The US economy is doing very well and the stock market is booming. Anecdotally, my firm is pretty happy with Biden's leadership from what I can tell.
So you will be voting for him again?
And how do big industrial projects not make big companies money?
It’s weird that the left voted for this guy. They literally are the party of big corporations now.
And I wouldn’t call the stock market booming. I have plenty that are down outside of nvidia.
Oh and there is a shite load of counterfeit going around rt now. People are buying shite with fake money, washed bills.
This post was edited on 7/24/23 at 6:52 pm
Posted on 7/24/23 at 6:51 pm to wutangfinancial
quote:you mean after counting for the millions of jobs that are a complete lie by Bidens now-weaponized BLS?
You realize 1/3 of these jobs from the past several years are going to get revised down in the future?
Fed interest rate decision is tomorrow at 1300 (1pm) Central. a further raise of 0.25 to 5.5% is forecast. We'll see.
This post was edited on 7/24/23 at 6:54 pm
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