It's the Economy Stoopid

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Btw, 80% of Americans are invested into the stock market with their 401ks and pensions.

Nope

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

And the number has gone down as desperate people have had to liquidate to make ends meet.

Silly troll, a poll doesn't count as many in America who have a 401k have no idea that they're invested in stocks.[/quo

This statement is laughable. You really think people who take the time to put money into their retirement account, selecting funds, receiving quarterly reports are not smart enough to know they don't own stock. You're the ignorant one, not them.

[Anonymous]

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Btw, 80% of Americans are invested into the stock market with their 401ks and pensions.


Nope

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

And the number has gone down as desperate people have had to liquidate to make ends meet.


Silly troll, a poll doesn't count as many in America who have a 401k have no idea that they're invested in stocks.[/quo

This statement is laughable. You really think people who take the time to put money into their retirement account, selecting funds, receiving quarterly reports are not smart enough to know they don't own stock. You're the ignorant one, not them.[/quote

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Btw, 80% of Americans are invested into the stock market with their 401ks and pensions.

Nope

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

And the number has gone down as desperate people have had to liquidate to make ends meet.

Silly troll, a poll doesn't count as many in America who have a 401k have no idea that they're invested in stocks.[/quo

This statement is laughable. You really think people who take the time to put money into their retirement account, selecting funds, receiving quarterly reports are not smart enough to know they don't own stock. You're the ignorant one, not them.

I not only think that, I know it.

I've had to explain to multiple coworkers in several different jobs that our 401K/403B/TSP allocations are to funds that own shares of stock in various companies, and not some magical savings account where your money goes in and more money comes out in 30 years.

[Anonymous]

1.3 million people filed for unemployment last week.

That pushes the total number of Americans who have filed for unemployment during the Coronavirus crisis past 50 million.

The entire United States workforce is only 160 million.

[Anonymous]

#winning

https://www.washingtonpost.com/business/2020/07/13/june-2020-budget-deficit-coronavirus/

[Anonymous]

Anonymous wrote:#winning

https://www.washingtonpost.com/business/2020/07/13/june-2020-budget-deficit-coronavirus/

Wow. When Obama left office the deficit was $400 billion per year. Now it is $800 billion PER MONTH!!!

[Anonymous]

[Anonymous]

This post didn't age well.

[Anonymous]

[Anonymous]

'This is not a normal recession': 3 large US banks set aside $28 billion to cover potential loan defaults due to the coronavirus pandemic
https://markets.businessinsider.com/news/stocks/us-banks-loan-losses-set-aside-billions-potential-coronavirus-defaults-2020-7-1029394107

[Anonymous]

Anonymous wrote:'This is not a normal recession': 3 large US banks set aside $28 billion to cover potential loan defaults due to the coronavirus pandemic
https://markets.businessinsider.com/news/stocks/us-banks-loan-losses-set-aside-billions-potential-coronavirus-defaults-2020-7-1029394107

But I understand from the GOP Dow Jones report that things are amazing and everyone is doing well in this amazing land of plenty. And now, here you are, saying this isn’t correct? Whom shall I believe?

[Anonymous]

Anonymous wrote:

Anonymous wrote:'This is not a normal recession': 3 large US banks set aside $28 billion to cover potential loan defaults due to the coronavirus pandemic
https://markets.businessinsider.com/news/stocks/us-banks-loan-losses-set-aside-billions-potential-coronavirus-defaults-2020-7-1029394107

But I understand from the GOP Dow Jones report that things are amazing and everyone is doing well in this amazing land of plenty. And now, here you are, saying this isn’t correct? Whom shall I believe?

You should believe the banks since they actually own the government. -NP

[Anonymous]

Anonymous wrote:This post didn't age well.

Nothing related to Trump has aged well.

[Anonymous]

CPI in June higher than consensus...

Stock market almost back to pre-covid levels...

U shape recovery by November...

This is aging well for 4 more tears from the left.

[Anonymous]

Anonymous wrote:CPI in June higher than consensus...

Stock market almost back to pre-covid levels...

U shape recovery by November...

This is aging well for 4 more tears from the left.

Funny how you didn't mention the huge deficit...or the declining GDP...