stock market was up today...

[marcusluvsvols]

Got my monday morning update text. Somehow earned a little over $500 last week. From 86.4k to 86.9k. Should actually be almost 100k but i lost about a grand a week on average up until april 22nd.

Biden is responsible for damn near every cent of what i lost. The nearly 100 XOs he signed in his first 48 hours as president doomed us to $5 a gallon gas and runaway inflation. Him passing out $Billions$ every week like he is Santa Claus all but guarantees a terrible economy and endlessly drives down the purchasing power of every hard fought dollar we have ever had the self control to save. I hope he gets incurable jock itch and his hands fall off simultaneously.

 

[rjd970]

Been a brutal year so far.

Are the rate hikes the primary culprit here?

 

[allvol123]

Been a brutal year so far.

Are the rate hikes the primary culprit here?

I’d saying grinding a world economy to a halt, printing money to subsidize said halt, and energy policies dreamed up by a 10 year old after he just received his first public school science lesson, are the culprits.

 

[85SugarVol]

I’d saying grinding a world economy to a halt, printing money to subsidize said halt, and energy policies dreamed up by a 10 year old after he just received his first public school science lesson, are the culprits.

That’s a quality summary.

 

[IluvdoubleD's]

I think you are going to be very, very, very surprised when Putin is leashed. What is happening is because of a lot of our own actions but, own RESPONSIBLE ADULT actions. This is what happens when you put a trump in office. It takes a long time to heal. We are a year and a half into Biden and he is doing what needs to be done. I am not saying he is a saint, I'm saying this was needed, and trump ran from it like a coward. We are about to explode. The dollar is more power than gold rn.

 

[IluvdoubleD's]

We are a global flipping leader people. get a grip.

 

[VolStrom]

We are a global flipping leader people. get a grip.

A leader in what exactly? Printing money, outsourcing jobs, importing illegal aliens with 0 skills, yeah we're a leader alright, we're a leader in destroying our country.

 

[IluvdoubleD's]

oops.

 

[allvol123]

Now I can really turn my nose up to those Tesla driving fools. Bunch of racist supporters.

 

[IluvdoubleD's]

lmao. the real reason is because he was volatile. Nobody knew what to expect next. If you can't rely on it ... stop lying.

 

[rjd970]

I’d saying grinding a world economy to a halt, printing money to subsidize said halt, and energy policies dreamed up by a 10 year old after he just received his first public school science lesson, are the culprits.

Yeah but the way I understand it is inflation is driving the need for higher rates which is what the market is reacting to. The out of control spending was happening before Biden, I think we can all agree on that.

I’m not an economist so I may be off base, but that is my novice view. We are seeing the effects of increasing rates that probably should have happened sooner.

 

[allvol123]

Yeah but the way I understand it is inflation is driving the need for higher rates which is what the market is reacting to. The out of control spending was happening before Biden, I think we can all agree on that.

I’m not an economist so I may be off base, but that is my novice view. We are seeing the effects of increasing rates that probably should have happened sooner.

I don’t think you are wrong. But they’re starting to see poorer than expected earnings also, which was initiated by the items I was rambling about.

 

[IluvdoubleD's]

yeah, there is a divide and I can explain it simply, but few will do what is needed to stop it.

one says i see my hand.

the other sees beyond her hand.

no one is looking how the two interact.

 

[allvol123]

I’m starting to question if more interest rate hikes are needed. I think energy costs are going to do a great job of slowing down this economy.

 

[DC_Vol]

I’m starting to question if more interest rate hikes are needed. I think energy costs are going to do a great job of slowing down this economy.

We are heading into a recession, and I think it’s going to be a tough one.

 

[DC_Vol]

I’m not going to point any fingers, but…

 

[NorthDallas40]

Yeah but the way I understand it is inflation is driving the need for higher rates which is what the market is reacting to. The out of control spending was happening before Biden, I think we can all agree on that.

I’m not an economist so I may be off base, but that is my novice view. We are seeing the effects of increasing rates that probably should have happened sooner.

I think sky rocketing energy costs are largely driving it. Energy costs touch every part of the economy and they are climbing daily.

One of the business shows was talking about Target today. Their stock got brutalized today. They actually met sales goals but rising costs are up net earnings and their stock got sodomized because of it.

 

[hog88]

We are heading into a recession, and I think it’s going to be a tough one.

Depression is where we're headed, it will be masked and prolonged by the .gov printing money but it will be bad.

 

[NorthDallas40]

We are heading into a recession, and I think it’s going to be a tough one.

We’re halfway there already.

 

[hog88]

I think sky rocketing energy costs are largely driving it. Energy costs touch every part of the economy and they are climbing daily.

One of the business shows was talking about Target today. Their stock got brutalized today. They actually met sales goals but rising costs are up net earnings and their stock got sodomized because of it.

Profits are down in many industries. Can't raise prices fast enough to keep up with costs.

 

[rjd970]

I’m starting to question if more interest rate hikes are needed. I think energy costs are going to do a great job of slowing down this economy.

That’s a good point.

 

[NorthDallas40]

Profits are down in many industries. Can't raise prices fast enough to keep up with costs.

Yep. I think it’s going to be a brutal 2nd quarter and we’re going to see rapidly eroded earnings during the next earnings season.

 

[IluvdoubleD's]

we are set pretty for an explosion in this economy in about 4-6 months, but it does not solve the problem, or mean we won't be here again.

 

[NorthDallas40]

we are set pretty for an explosion in this economy in about 4-6 months, but it does not solve the problem, or mean we won't be here again.

Yep. We are going to see the economy have a case of explosive diarrhea when it the bed in Q2

 

[Carl Pickens]

This inept admin is an abject failure in every way. Every one of you that voted for this idiot ass