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re: Dow Futures down 300...Nasdaq futures down 200.
Posted on 1/21/22 at 12:19 pm to slackster
Posted on 1/21/22 at 12:19 pm to slackster
quote:
There isn’t a single practical, material thing Biden or the government can do to lower energy prices.
You can’t force companies to increase supply if they don’t want to do so.
President* Biden can't force oil companies to produce, but he sure has thrown up a lot of barriers to production, pipelines, and exploration.
We were energy independent a year ago. Now we are not and that's all on Biden and his loon handlers plate eating "global warming" fear porn.
Posted on 1/21/22 at 12:22 pm to notiger1997
Sheryl Attkisson did some digging. She's one of the very few investigative reporters still around.
LINK
LINK
Posted on 1/21/22 at 1:41 pm to slackster
You are so full of crap. The government can't impact energy prices? Jesus you are a moron.
Posted on 1/21/22 at 2:09 pm to I Bleed Garnet
Markets are reacting to the double whammy failures of both Build Back Better and the For The People Act. Tie into this the marathon COVID scare.
The pessimism circulating through America has reached a crescendo, and the markets are reacting accordingly.
The pessimism circulating through America has reached a crescendo, and the markets are reacting accordingly.
Posted on 1/21/22 at 2:11 pm to tarzana
Why would the markets care about the voting act? To me this is all about high inflation leading to a hawkish Fed sucking money out of the markets and expectations of interest rate hikes following a time of exceptionally friendly monetary policy. IMO people are trying to force a political narrative depending on their particular slant
This post was edited on 1/21/22 at 2:20 pm
Posted on 1/21/22 at 2:11 pm to slackster
Funniest part of this thread is that we dealt with small bouts of increased price at the pump as well as a few swift market downturns during trump’s 4 years. You were a partisan hack for saying the president had control over those things back then.
Posted on 1/21/22 at 2:18 pm to JohnnyKilroy
quote:
You were a partisan hack for saying the president had control over those things back then.
Huh?
Posted on 1/21/22 at 2:20 pm to DaTruth7
quote:
You are so full of crap. The government can't impact energy prices? Jesus you are a moron.
, tell me explicitly what should be done to incentivize producers to drill more…
Posted on 1/21/22 at 2:23 pm to slackster
Not you specifically. Saying that we experienced periods of turmoil in the markets during trumps tenure as well as periods of higher energy prices.
Media blamed trump and the refrain on TD was that only an idiot would blame the president for those things because the president has little control over those items.
Now the media is silent on sleepy but the refrain on TD is that it’s all Brandon’s fault.
Media blamed trump and the refrain on TD was that only an idiot would blame the president for those things because the president has little control over those items.
Now the media is silent on sleepy but the refrain on TD is that it’s all Brandon’s fault.
Posted on 1/21/22 at 2:28 pm to JohnnyKilroy
quote:
Saying that we experienced periods of turmoil in the markets during trumps tenure
yup. trumps twitter shitposts saved us then
hed post some bullish gibberish and the market would pump accordingly - what a time to be alive - i miss him
Posted on 1/21/22 at 2:39 pm to Ross
quote:
Why would the markets care about the voting act
It has nothing to do with voting rights per se; it's simply that you have a nation adrift, with seemingly no purpose or direction, nothing seems to be getting accomplished, and what we have in America today is utter disunity, not unity. The markets take a cue from the prevailing zeitgeist.
Posted on 1/21/22 at 2:39 pm to Auburn1968
quote:
We were energy independent a year ago. Now we are not and that's all on Biden and his loon handlers plate eating "global warming" fear porn.
Yeah, we were a net exporter in 2020, but ignoring the fact our imports were the lowest since 1991 due to Covid is shortsighted.
However, since then, demand has outstripped supply - now how do you fix it?
I commend energy companies for doing what they’re doing. They’ve been poor stewards of capital for a long time, and it seems they’ve finally learned their lesson. I don’t see how you realistically make them do things any differently. They’re going to slowly increase production while maintaining/increasing profits and profit margins. Kudos.
Posted on 1/21/22 at 2:40 pm to JohnnyKilroy
Oh, well we agree then.
Posted on 1/21/22 at 2:44 pm to tarzana
I’m not sure what any of that has to do with stock valuations.
Posted on 1/21/22 at 2:47 pm to JohnnyKilroy
I didn't appreciate him enough. both the ultimate troll of woke libs and market manipulator.
in hindsight he was the goat president of my lifetime
in hindsight he was the goat president of my lifetime
Posted on 1/21/22 at 3:54 pm to rocket31
quote:
I didn't appreciate him enough. both the ultimate troll of woke libs and market manipulator. in hindsight he was the goat president of my lifetime
The meme potential alone makes him an easy vote in 2024.
But I fear the sequel might not live up to the original.
Posted on 1/21/22 at 4:24 pm to DaTruth7
quote:
You are so full of crap. The government can't impact energy prices? Jesus you are a moron.
That's like saying Hugo Chavez couldn't affect Venezuela's economy. Yeah, leadership matters. Leadership in the wrong direction is economically toxic.
Posted on 1/21/22 at 4:29 pm to JohnnyKilroy
quote:
Not you specifically. Saying that we experienced periods of turmoil in the markets during trumps tenure as well as periods of higher energy prices.
Media blamed trump and the refrain on TD was that only an idiot would blame the president for those things because the president has little control over those items.
Now the media is silent on sleepy but the refrain on TD is that it’s all Brandon’s fault.
The fed was threatening interest increases and the mediots of the MSM were cheering for their hoped for recession so they could get Trump. TDS is real.
Posted on 1/21/22 at 4:52 pm to Auburn1968
quote:
The fed was threatening interest increases and the mediots of the MSM were cheering for their hoped for recession so they could get Trump.
I mean, kinda looks exactly like what’s happening here and other right leaning social media.
Fed is halfway sobering up and people are saying that it’s solely Brandon’s fault.
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