Yet the stock market is absolutely BOOOMING! Go figure.
“Yet the stock market is absolutely BOOOMING! Go figure.”
Earnings keep hitting or exceeding predictions, Productivity is improving. The predicters were too conservative about earnings so the market is catching up to reality. I think it’s about there now.
The problem for consumers is inflation made worse by idiotic energy policy. Since energy affects the price of virtually everything we buy, we are all getting hurt by that.
Stocks are all pumped up by and valued in FED deficit money printing. Not on the value of the companies & corporations.