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re: Credit card debt up more than 50% in 2023, Bidenomics working

Posted on 2/7/24 at 12:24 pm to
Posted by East Coast Band
Member since Nov 2010
63027 posts
Posted on 2/7/24 at 12:24 pm to
Then why is the stock market rebounding so well over the past year?

Don't want to hear that it's just on paper. If the future looks bleak, typically the market drops. I'm not gonna complain, since my 401k has finally rebounded from '21-'22 losses.
Posted by Rip Torner
Member since Jul 2023
671 posts
Posted on 2/7/24 at 12:26 pm to
The stock market is not a direct correlation to the economy. You do realize that, right?
Posted by TDTOM
Member since Jan 2021
15320 posts
Posted on 2/7/24 at 12:27 pm to
quote:

Then why is the stock market rebounding so well over the past year?



You do realize what drives stock price, right?
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1212 posts
Posted on 2/7/24 at 12:28 pm to
Stock market returns do not correlate to the economy. Go look at 2020 stock market returns when the economy was shut down
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
263330 posts
Posted on 2/7/24 at 12:29 pm to
quote:

Then why is the stock market rebounding so well over the past year?



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