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S&P 500 closes at record high for first time in two years
CNN ^
| 4:18 PM EST, Fri January 19, 2024
| Krystal Hur and Nicole Goodkind, CNN
Posted on 01/19/2024 2:39:23 PM PST by JSM_Liberty
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To: MrRelevant
Blackrock said there will be a rate cut in June, so...there will be a rate cut in June.
To: joesbucks
My 401-k says thank you. Mine does as well. Unfortunately the scare mongerers around these parts will be upset.
42
posted on
01/20/2024 4:43:08 AM PST
by
Sir_Humphrey
(The “only Trumpers” are just as damaging to the conservative cause as are the “never Trumpers”)
To: Sir_Humphrey
There’s always been a decent contingent of scare mongers here. Over time they’ve all but taken over the asylum.
43
posted on
01/20/2024 7:26:30 AM PST
by
joesbucks
(It's called love-bombing. Claiming he's saving the world. This is a cult. Just back away. )
To: JSM_Liberty
That means that the stock market hasn’t done squat for two years
44
posted on
01/20/2024 7:37:25 AM PST
by
wild74
To: Right Brother
Get back to me in a year. If your portfolio gained 15% over the last year, which would be beating most indices, you didn’t even keep up with inflation. An over valued market is a mirage. Eh. That’s a broad brush statement. Inflation is highly localized to an area and really to an individual. An example, if you don’t purchase a car, but car prices have increased 15%, that increase has affected you - not at all.
45
posted on
01/21/2024 12:08:04 AM PST
by
Fury
To: Fury
Wow, your naivete in macro/micro economics is breathtaking.
46
posted on
01/21/2024 8:20:22 AM PST
by
Right Brother
(Pray for God's intervention to stop UMCRevMom's invasion of Free Republic)
To: Right Brother
We’ll agree to disagree re: inflation rate and its effects. No worries - we did it politely.
47
posted on
01/21/2024 3:08:33 PM PST
by
Fury
To: joesbucks
How does this [S&P 500 at record highs] happen when the economy sucks?Pretty simple to understand, even for a Democrat TDS-bastard like you.
When dollars are worth much less, the stock market appears to be valued by more dollars.
48
posted on
02/03/2024 12:56:16 AM PST
by
Lazamataz
(Laz 2005: "First, we beat the Soviet Union. Then we became them.")
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