well then, explain your criteria for a strong economy. We will wait. but let me guess, you can only have a strong economy …. if Trump is president, am I rite? Only then are things like job growth, interest rates, inflation, gdp, stock market relevant.
Wow.....is Larry Kudrow aka trumps best friend finally realizing that he been lying for months? It's funny cuz me and @adoo were the only ones on these forums claiming the economy was on strong footing from the beginning. @Space Ghost with his braindead zero hedge tweets was utterly clueless. The economy is booming
Tech: We're booming Also Tech: We laying everyone off gig economy: Hey tech, we have unlimited jobs over here
ah yes, the random anecdotal vignette of minorities to refute the the irrefutable performance of the US economy. Well, At least you did better than @Andre0087 above.
so is this the ol’ “the economy is strong but I don’t like HOW it is delivering these staggering returns”
lol staggering? All I am saying is something is going on in tech. Maybe we are on the cusp of an AI boom. Maybe AI is obsoleting tech jobs. Maybe tech is just cutting useless bloat. Maybe money has no where else to go at this point and its consolidating in tech. WTF does Meta even offer again?
You need to slow your roll there a bit. Don't insult me by calling me MAGA...I consider that a slur at this point.
You and @Invisible Fan are the biggest donkeys in this thread. You keep deflecting from all the braindead predictions you made. The tech industry has more jobs today than they did pre pandemic. Who gives a **** if they have to let go of some folks due to AI. That has nothing to do with inefficiency. All you do is post tweets from zero hedge and your other donkeys who were wrong continually for past year
The biggest mistake democrats made was passing covid relief in 2020. Democrats were the ones who put 600 week unemployment insurance and cash checks to folks. Republicans didn't want either of the two but democrats refused to vote for it in house if it didn't include it. The issue is democrats are obsessed with governance while Republicans want to burn the house down. Democrats should've let the economy crash in 2020 as we all know Republicans would've if we had a dem president in 2020
sp500 returned 24 percent last year. If you don’t like the term staggering, choose something else. Fine with me. The overall point is the economy has been performing beautifully in tough inflationary conditions. The so called impossible soft landing has happened. But you have people who are so partisan that they can’t acknowledge basic facts. You one of them?
fine, maybe you’re not MAGA. Your post quality sure was. The idea that the economy is doing anything other than performing extremely well is ridiculous. Perfect? No. But incredibly well? Irrefutably so.
This was my experience in O&G. Beginning of the year: "We're poised to do big things! Gonna be a great year! What an exciting place to work!!!" End of the year: "Obviously, it was a slow year. Therefore, no one (except the CEO) will be getting bonuses or raises this year. Also, layoffs. You'll be notified tomorrow morning. Thanks."
You ignored my point and instead croaked on about the SP500. Equities and the health of the economy are not coupled together. In this specific post, I am not claiming either way. I am asking of you feel like the top 7 stocks are keeping the other 493 afloat is a good thing. Or are you going to keep arguing that giving subprime mortgages to anyone back in 2006 is a great idea because home values only go up?
Top tech stocks are booming because they're signalling layoffs. There is definitely slowdown in revenue for mid and small sized tech firms. Meanwhile, Wall Street wants more layoffs (announced and actual) to set the bed they made for a March rate cut. The Fed didnt signal it would happen in march or that there would be seven of them like wall st is betting Just opportunistic pumpers parroting CNBC who are fighting the Fed and hoping to make a quick million or ten off of it. The Fed will have a tough job balancing rate cuts against inflation, and the bottom 40% will feel it first.
it only you can name names! i can name names that did not factor in a March rate cut; Tom Lee and Jeffrey Gundlach
BAZINGA! You got me there bud! Have a good weekend adoo. Try not to punch the reply button three times, or anything else for that matter.
yes, the mag 7 have performed incredibly well. the AI boom is real in my view. I don’t know that progress on AI makes the world better, but I think the economic reality is upon us. Even setting aside that piece, it remains true that inflation has been managed well, and the economy as a whole, not just the mag 7, is pretty damn healthy in the context of difficult circumstances. If there is an intelligent contrary view, sure, please explain. the equities of the economy are a completely different animal.
