Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Why is the stock market doing well?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]I do NOT want this to be political. At the moment we have economic uncertainty, inflation and there's talk of forcing the fed chair out so interest rates can be lowered, whether that's good for the economy or not. I thought in times of economic uncertainty, investors were fearful and that fear caused markets to go down. This looks like irrational exuberance. I'm not very smart, can you explain to me why stocks are still doing well and why I should keep my investments in them? Thanks.[/quote] There was economic uncertainty under Biden with rampant inflation over 9% at one point because of his poor fiscal policies. The stock market still did ok. Trump working on bringing back manufacturing to the US and leveling the play filed unlike Biden who was fine with offshoring and lopsided trade policies that did not benefit the US.[/quote] So sorry MAGA Margie. That's categorically false. Trump has bled factory jobs since his inauguration. [b]Factory employment dropped to lowest level in 5 years, after 5 straight months of contraction. [/b] "The Institute for Supply Management (ISM) said on Friday that its manufacturing PMI dropped to 48.0 last month from 49.0 in June. A PMI reading below 50 indicates contraction in manufacturing, which accounts for 10.2% of the economy. " https://www.reuters.com/world/us/us-manufacturing-extends-slump-factory-employment-lowest-5-years-2025-08-01/ [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics