Biden’s economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yep...

Yep what?

Fedex and USPS had no such contractions. Maybe the issue is with UPS.

Or...maybe people need UPS less and less because things are send via email?

Not PP, but Fedex did have a similar reduction in revenue. However, this could be the fact that Amazon has shifted a lot of its business to USPS as well as internally. Fedex and UPS are losing out big time. The tell will be in Amazon's numbers, which will be released after the markets close today.

[Anonymous]

Another day, another example of Bidenomics working.

[Anonymous]

Anonymous wrote:Another day, another example of Bidenomics working.

Who is this clown?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Another day, another example of Bidenomics working.

Who is this clown?

The same clown that predicted a "storm brewing," "incoming recession in 2023" and 2023 being a rough year for markets (https://www.bnnbloomberg.ca/video/there-is-an-economic-storm-brewing-2023-will-be-a-rough-year-for-markets-david-rosenberg~2538589) and a Great Recession like crash in 2022/2023: https://markets.businessinsider.com/news/stocks/stock-market-crash-2008-financial-crisis-bear-predictions-david-rosenberg-2022-5.

I mean, if you continually (and erroneously) predict doom and gloom, you're going to be rewarded eventually...

[Anonymous]

Yay for January's Bidenomics results! Nothing to see here folks, FOUR MORE YEARS!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yep...

Yep what?

Fedex and USPS had no such contractions. Maybe the issue is with UPS.

Or...maybe people need UPS less and less because things are send via email?

Not PP, but Fedex did have a similar reduction in revenue. However, this could be the fact that Amazon has shifted a lot of its business to USPS as well as internally. Fedex and UPS are losing out big time. The tell will be in Amazon's numbers, which will be released after the markets close today.

Amazon had pretty strong numbers.

*AMAZON 4Q EPS $1.00, EST. 78C
*AMAZON 4Q AWS NET SALES $24.20B, EST. $24.22B
*AMAZON SEES 1Q NET SALES $138.0B TO $143.5B, EST. $142.01B

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Another day, another example of Bidenomics working.

Who is this clown?

The same clown that predicted a "storm brewing," "incoming recession in 2023" and 2023 being a rough year for markets (https://www.bnnbloomberg.ca/video/there-is-an-economic-storm-brewing-2023-will-be-a-rough-year-for-markets-david-rosenberg~2538589) and a Great Recession like crash in 2022/2023: https://markets.businessinsider.com/news/stocks/stock-market-crash-2008-financial-crisis-bear-predictions-david-rosenberg-2022-5.

I mean, if you continually (and erroneously) predict doom and gloom, you're going to be rewarded eventually...

They've correctly predicted 10 of the last 3 recessions!

[Anonymous]

Anonymous wrote:Yay for January's Bidenomics results! Nothing to see here folks, FOUR MORE YEARS!

These are specific to the companies involved, and particularly related to AI. Are you suggesting a president should mandate corporate hiring and layoffs?

[Anonymous]

[Anonymous]

A Fox anchor, Larry Kudlow, just said on Fox, “I was wrong about the slowdown and the recession. Everyone was wrong.” This is the truth. There is no recession. There is no slowdown. Our economy is strong & booming because of President Biden. Period. Be loud & proud.

Republicans heads are exploding tonight I hope they rot.

[Anonymous]

Anonymous wrote:Yay for January's Bidenomics results! Nothing to see here folks, FOUR MORE YEARS!

A Fox anchor, Larry Kudlow, just said on Fox, “I was wrong about the slowdown and the recession. Everyone was wrong.” This is the truth. There is no recession. There is no slowdown. Our economy is strong & booming because of President Biden. Period. Be loud & proud.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yay for January's Bidenomics results! Nothing to see here folks, FOUR MORE YEARS!

A Fox anchor, Larry Kudlow, just said on Fox, “I was wrong about the slowdown and the recession. Everyone was wrong.” This is the truth. There is no recession. There is no slowdown. Our economy is strong & booming because of President Biden. Period. Be loud & proud.

Yeah, Microsoft's latest earnings report showed business segment revenue growth ranging from 5%-18%: https://www.microsoft.com/en-us/investor/earnings/fy-2024-q2/press-release-webcast. Oh, and a bunch of those layoffs were related to its acquisition of Activision Blizzard.

Similarly, Google experienced 13% year over year revenue growth: https://www.theverge.com/2024/1/30/24056132/google-spent-two-billion-on-layoffs-severance-fourth-quarter-earnings-2023

So uh, these companies are doing just fine. More than fine. They hired a too aggressively during the pandemic and are now just rightsizing the ship. But thanks for playing, MAGA doomers. Nothing to see here!

[Anonymous]

Anonymous wrote:A Fox anchor, Larry Kudlow, just said on Fox, “I was wrong about the slowdown and the recession. Everyone was wrong.” This is the truth. There is no recession. There is no slowdown. Our economy is strong & booming because of President Biden. Period. Be loud & proud.

Republicans heads are exploding tonight I hope they rot.

To be fair, not everyone was wrong. 😄

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yay for January's Bidenomics results! Nothing to see here folks, FOUR MORE YEARS!

A Fox anchor, Larry Kudlow, just said on Fox, “I was wrong about the slowdown and the recession. Everyone was wrong.” This is the truth. There is no recession. There is no slowdown. Our economy is strong & booming because of President Biden. Period. Be loud & proud.

Yeah, Microsoft's latest earnings report showed business segment revenue growth ranging from 5%-18%: https://www.microsoft.com/en-us/investor/earnings/fy-2024-q2/press-release-webcast. Oh, and a bunch of those layoffs were related to its acquisition of Activision Blizzard.

Similarly, Google experienced 13% year over year revenue growth: https://www.theverge.com/2024/1/30/24056132/google-spent-two-billion-on-layoffs-severance-fourth-quarter-earnings-2023

So uh, these companies are doing just fine. More than fine. They hired a too aggressively during the pandemic and are now just rightsizing the ship. But thanks for playing, MAGA doomers. Nothing to see here!

Could be “rightsizing,” could be more corporate greed. It’s not like firing people and then making their remaining colleagues take on more work is exactly a new idea in business.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yay for January's Bidenomics results! Nothing to see here folks, FOUR MORE YEARS!

A Fox anchor, Larry Kudlow, just said on Fox, “I was wrong about the slowdown and the recession. Everyone was wrong.” This is the truth. There is no recession. There is no slowdown. Our economy is strong & booming because of President Biden. Period. Be loud & proud.

Yeah, Microsoft's latest earnings report showed business segment revenue growth ranging from 5%-18%: https://www.microsoft.com/en-us/investor/earnings/fy-2024-q2/press-release-webcast. Oh, and a bunch of those layoffs were related to its acquisition of Activision Blizzard.

Similarly, Google experienced 13% year over year revenue growth: https://www.theverge.com/2024/1/30/24056132/google-spent-two-billion-on-layoffs-severance-fourth-quarter-earnings-2023

So uh, these companies are doing just fine. More than fine. They hired a too aggressively during the pandemic and are now just rightsizing the ship. But thanks for playing, MAGA doomers. Nothing to see here!

Could be “rightsizing,” could be more corporate greed. It’s not like firing people and then making their remaining colleagues take on more work is exactly a new idea in business.

Sure whatever. It could be to pad the CEO's salary or make the quarterly earnings numbers. The point is, these companies are growing revenue at a steady clip. They're not in trouble as the MAGAs would like you to think.