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All 3 stock indexes record high opening. Consumer confidence 20 year high. Enormous USMCA trade deal finally passed by US Congress after the House sat on it for a year. Reuters just salivating over finding something they can spin as negative about the current economy.
They don't give an opinion on if this is negative or positive.
All 3 stock indexes record high opening. Consumer confidence 20 year high. Enormous USMCA trade deal finally passed by US Congress after the House sat on it for a year. Reuters just salivating over finding something they can spin as negative about the current economy.
Except, of course, as people are finally starting to notice and point out, high stocks only benefit the top 10% of society, and are a useless indicator for the vast majority, who have little to no holdings.
This is absolutely not true. Most pension plans are at least partially invested in stocks.
All 3 stock indexes record high opening. Consumer confidence 20 year high. Enormous USMCA trade deal finally passed by US Congress after the House sat on it for a year. Reuters just salivating over finding something they can spin as negative about the current economy.
Except, of course, as people are finally starting to notice and point out, high stocks only benefit the top 10% of society, and are a useless indicator for the vast majority, who have little to no holdings.
[1] https://www.calstrs.com/investments-overview
[0] https://www.pionline.com/article/20170904/INTERACTIVE/170839...
All 3 stock indexes record high opening. Consumer confidence 20 year high. Enormous USMCA trade deal finally passed by US Congress after the House sat on it for a year. Reuters just salivating over finding something they can spin as negative about the current economy.
You mean worked on. Its not like it was ignored.
Earlier quoted context omitted.
And the largest deficit in history... Who is going to pay for the debt fueled growth? Hint: Its not the people benefiting most from the markets... The US economy is as stable as Trump and as factually real as his skin tone...
Look at interest rates. The cost of borrowing matters more than the amount borrowed.
Fundamentally there is no difference is the debt at .01% or 15%, if one cannot make the payment, they are in trouble. If the holder of the debt cannot collect, they're in trouble.
This doesn't indicate if is good or bad. You need to know employment rate as well, all the job could be getting filled faster than they are opened.
https://www.bls.gov/news.release/jolts.nr0.htm : > The number of job openings fell to 6.8 million (-561,000) on the last business day of November, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.8 million and 5.6 million, respectively. Within separations, the quits rate was unchanged at 2.3 percent and the layoffs and discharges rate was little change…
Earlier quoted context omitted.
A coworker told me he thinks as long as people think it might crash it won’t crash.
That makes no sense.