Jeeper79 said:

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If the market responds positively when trump stops doing something, that should be an obvious sign that what he was doing was bad for the market in the first place.

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What do you think unchecked radical Islam would do to the markets if they ran the world like they are trying to do?

Global trade will be better and less vulnerable in the not-too-far future because of the exposure of Iran's willingness to attack trade in the SoH. That was accomplished by Trump's action. Look at the bigger picture.

I am happy about the stock market and am making a lot, but the job market is still in the crapper and not getting better. I see this in my field of tech. Things are BAD.

TresPuertas said:

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if the Republicans try to run on a high stock market they will get slaughtered.

this doesn't matter much to the middle class. what people see is soaring prices, a job market in flux, and extreme gas prices, and it being harder and harder to pay for an every day existence. Right now the stock market may be high but to the middle class the economy is breathtakingly ****ed.

And i say this as a die hard right wing conservative.

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That's right.

Wall Street is rocking.

Main Street is reeling.

The K-economy is real. If you've got assets and invested properly, chances are you're in good to great shape. But that's a smaller slice of the population. Many of the others who want to break through don't see a path.

Will make for interesting politics in the months ahead. I think the R's are in for a rough midterm, although it will be interesting to see if the net R advantage in redistricting helps them offset that.

The DJIA is irrelevant. If you want to predict the election, watch the misery index on 1 September.

If people are paying $6 for gasoline over memorial day, we're going to be up to our (left) buttock in newly-minted democrats in elected office.

Who is in the middle class? 54% of Americans have retirement accounts.

Having a retirement account is only 4% relevant, if you take my meaning.

That last one may have been a little too obscure, but the point is that the median retirement account balance is only $87k. The movement on that account doesn't mean a damn thing to the average American.

this 51K means exactly squat. staples, insurance, and fuel are killing us.

Staples? Nah. Everybody is in a paperless office, these days.

Vestal_Flame said:

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That last one may have been a little too obscure, but the point is that the median retirement account balance is only $87k. The movement on that account doesn't mean a damn thing to the average American.

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RIght lol

For anyone who owns or has owned a business, when cash flow is negative, 87k won't keep you afloat for too long. The average American is cashflow negative. I don't blame it on Trump, the mini-crash was supposed to happen in 2020. All kicking the can down the road did was making the coming crash way, way, way worse.
It's going to be awful.

Nah. There's not going to be a crash any time soon. We'll keep printing. You can count on it. There will always be more dollars chasing the assets, right up until they roll out the Rentenmark on November 15.

Vestal_Flame said:

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The DJIA is irrelevant. If you want to predict the election, watch the misery index on 1 September.

If people are paying $6 for gasoline over memorial day, we're going to be up to our (left) buttock in newly-minted democrats in elected office.

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This. I couldn't believe Obama won a second term.

TresPuertas said:

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if the Republicans try to run on a high stock market they will get slaughtered.

this doesn't matter much to the middle class. what people see is soaring prices, a job market in flux, and extreme gas prices, and it being harder and harder to pay for an every day existence. Right now the stock market may be high but to the middle class the economy is breathtakingly ****ed.

And i say this as a die hard right wing conservative.

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Gas is still cheaper than it was under Biden and is already heading down again. Will probably be under $3 per gallon by November.

The straight's vulnerability to Iranian mischief has been a largely unrealized problem for a long time. Trump just brought it out into the open.

If he hadn't, guaranteed that at some point in the future when Iran was feeling pretty salty with a couple of nukes and a million more drones, they would have leveraged the straight against the world because that's the kind of ****bag country they are. Only then, there would be far less anyone would be willing to do about it but capitulate to Iran's terms.

Just because a problem isn't out in the open doesn't mean it doesn't exist.

Vestal_Flame said:

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Nah. There's not going to be a crash any time soon. We'll keep printing. You can count on it. There will always be more dollars chasing the assets, right up until they roll out the Rentenmark on November 15.

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It's going to be really really bad if we print our way out of another one this close to the last one. Scary stuff.

Jeeper79 said:

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FWTXAg said:

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Colonel Kurtz said:

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If we print $20 trillion more then the DOW could get as high as 100,000!

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It's the only reason that it's at whatever it is now. We printed our way out of mini-collapse during Covid. I bet we're well on our way to attempting to do it again. OP shouldn't be celebrating the smoke and mirrors ponzi scheme, I can guarantee you the average American isn't.

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The OP is literally a paid political consultant/lobbyist/something-or-other. All his posts should be viewed through this lens.

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They need a refund because the only thing these psycho support posts do is make more and more people turn on the entire government (not just Trump) . Which is a great thing, but not something I imagine the uniparty would be happy about paying for.

TresPuertas said:

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if the Republicans try to run on a high stock market they will get slaughtered.

this doesn't matter much to the middle class. what people see is soaring prices, a job market in flux, and extreme gas prices, and it being harder and harder to pay for an every day existence. Right now the stock market may be high but to the middle class the economy is breathtakingly ****ed.

And i say this as a die hard right wing conservative.

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Roughly 62% of US citizens have an investment in the stock market, so I believe you are wrong here.

Always amazes me how the mainstream media proclaims the economy is wonderful when a Dem is on office and horrible when an R is president.

Who you gonna believe? Them or your own eyes?

Great for Wall Street!

Texas12&0 said:

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TresPuertas said:

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if the Republicans try to run on a high stock market they will get slaughtered.

this doesn't matter much to the middle class. what people see is soaring prices, a job market in flux, and extreme gas prices, and it being harder and harder to pay for an every day existence. Right now the stock market may be high but to the middle class the economy is breathtakingly ****ed.

And i say this as a die hard right wing conservative.

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Roughly 62% of US citizens have an investment in the stock market, so I believe you are wrong here.

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The average American has a little locked into long term retirement accounts.

Day to day and here and now it's honestly pretty meaningless. Not nearly as meaningful as $4 per gallon gasoline when it was $2.50 this time last year.