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Dow closes near 40K as tech rally sets new records
The Hill ^ | 03/21/2024 | TAYLOR GIORNO

Posted on 03/21/2024 1:25:06 PM PDT by ChicagoConservative27

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Fake... Government propped up
1 posted on 03/21/2024 1:25:06 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

Probably because all of the layoffs, firings, fewer employees.....


2 posted on 03/21/2024 1:26:42 PM PDT by mikelets456
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To: ChicagoConservative27

Market needs to make up for 2022 under Biden.


3 posted on 03/21/2024 1:30:34 PM PDT by 1Old Pro
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To: ChicagoConservative27

I bet if Trump was President, they’d tell what the Dow was after adjusting for inflation.


4 posted on 03/21/2024 1:36:24 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: ChicagoConservative27
The microchip sector led the charge

I thought about buying into Nvidia during the block-chain during the early days of the digital currency craze, but I figured it was a flash in the pan. Never occurred to me that GPUs would become the engine for major AI advances - there were no major AI advances for decades, then all of a sudden OpenAI comes along.
5 posted on 03/21/2024 1:43:04 PM PDT by AnotherUnixGeek
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To: ChicagoConservative27

I can’t understand why the Stock Market keeps climbing while the economy is in shambles.


6 posted on 03/21/2024 1:43:16 PM PDT by ducttape45 (Proverbs 14:34, "Righteousness exalteth a nation: but sin is a reproach to any people.")
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To: ChicagoConservative27

Election years generally have good markets...


7 posted on 03/21/2024 1:43:31 PM PDT by goodnesswins (The "pandemic" was never serious enough to close the US southern border.)
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To: ducttape45

Because the Fed controls the market, the market has no relation to what is going on in the real world but it is sold like it is.


8 posted on 03/21/2024 1:44:31 PM PDT by Captain Peter Blood
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To: ducttape45
I can’t understand why the Stock Market keeps climbing while the economy is in shambles.

You're ignoring international capital flows. The US has the least worst economy among the industrialized nations. Europe is edging close to a war that will almost certainly be nuclear. Capital is fleeing to a safe haven, and right now we're the safest haven of all even with our current problems. International capital flows go mostly into the Dow, which is the index that is showing the greatest gains.

9 posted on 03/21/2024 1:47:49 PM PDT by Publius
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To: ChicagoConservative27

The higher it goes, the farther it falls.


10 posted on 03/21/2024 2:22:28 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Publius

Besides, where else are people going to put their money? Real Estate isn’t a good investment at this point.


11 posted on 03/21/2024 2:24:48 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: ducttape45

Stock’s worth more when the dollar is worth less. Just imagine what Wonder Bread stock will be worth when it takes a wheelbarrow full of cash to buy a loaf.


12 posted on 03/21/2024 2:29:41 PM PDT by Semper Vigilantis (When a society accepts insanity as normalcy that society is doomed. )
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To: ChicagoConservative27

1929 deja vu all over again.


13 posted on 03/21/2024 2:40:53 PM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████s████ █ ███████ ████. FJB.)
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To: ChicagoConservative27

So this means the dimwitted American people can slip over their tears of hysterical happiness over the Bidenomics triumphs as they go to the mailbox to send a few illegal ballots each and re-elect Joe.

Screw them.


14 posted on 03/21/2024 3:22:14 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: ChicagoConservative27

Prices pushed up because the value of the dollar is driven down, down, down by Bidenomics and Deep State idiocy.

Would you borrow money you could never pay back and just give it to someone who has no respect for you, laughs at you and ftitters the money away?

That is what our federal government does year after year after year...


15 posted on 03/21/2024 3:24:55 PM PDT by Iron Munro
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To: goodnesswins

Indeed...

👍


16 posted on 03/21/2024 4:20:12 PM PDT by Roman_War_Criminal (Jesus + Something = Nothing ; Jesus + Nothing = Everything )
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To: ducttape45

I wander if the fed is behind this.


17 posted on 03/21/2024 4:31:47 PM PDT by DoughtyOne (I pledge allegiance to the flag of the USofA & to the Constitutional REPUBLIC for which it stands.)
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To: AnotherUnixGeek

“Never occurred to me that GPUs would become the engine for major AI advances - “

These are $40k specialized AI chips accompanied with Nvidia software.


18 posted on 03/21/2024 5:29:48 PM PDT by TexasGator
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To: ducttape45

#12631

https://www.archives.gov/federal-register/codification/executive-order/12631.html

State teachers
State police and fire
Government pensions

All into the “market”
12631 backstops everything.


19 posted on 03/21/2024 5:57:18 PM PDT by Varsity Flight ( "War by 🙏🙏 the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors. 10.5.6.5)
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To: ChicagoConservative27

Yes they are throwing money at it as fast as the can also the last time tech rally sets new records they crashed repeat will ensue the market is moving up to fast.


20 posted on 03/22/2024 8:03:46 AM PDT by Vaduz
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