I think the world is doing a fine job of ignoring economic reality.
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I think the world is doing a fine job of ignoring economic reality.
Member
Originally Posted by everything1
I think the consumer knows whats going......... But Trump and company think keeping the stock market afloat is going to solve things as far as getting them re-elected....LMAO
US retail sales slumped 0.2% in February; less spending on building materials, electronics and groceries.
https://www.cnbc.com/2019/04/01/reta...uary-2019.html
There’s a retirement crisis in America where most will be unable to afford a ‘solid life’
https://www.cnbc.com/2019/04/01/ther...olid-life.html
Last edited by Silver and Gold; 04-01-2019 at 07:53 AM.
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i think it is the expectation of the depreciation of the loose money which boosts stockprices.
Unless the Co goes bust, a stock represents a piece of the company, i.e. a real part of ownership of something real ( or perceived as real ) whereas a bond is a promise of an amount of a number of moneyunits whose value is very uncertain over time.
Golditiki2+++
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Caterpillar shares fall after Deutsche Bank downgrade: ‘Synchronized global growth has collapsed’
Synchronized global growth has collapsed, the China Land Cycle is rolling over, ... Europe is slowing more than expected and the US is oversaturated with construction equipment,” Chad Dillard says.
https://www.cnbc.com/2019/04/03/cate...downgrade.html
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Services sector growth falls to slowest pace since August 2017
The ISM non-manufacturing index fell to 56.1 in March, the weakest print since August 2017, down from 59.7 in February.
“The non-manufacturing sector’s growth cooled off in March after strong growth in February,” said Anthony Nieves, chair of the Institute for Supply Management. “They still have underlying concerns about employment resources and capacity constraints.”
Growth in the U.S. services sector fell more than expected and reached its slowest pace in more than a year, according to data from the Institute for Supply Management released on Wednesday.
The ISM non-manufacturing index fell to 56.1 in March, the weakest print since August 2017, down from 59.7 in February. Economists polled by Refinitiv expected the index to dip to 58.
“The non-manufacturing sector’s growth cooled off in March after strong growth in February,” said Anthony Nieves, chair of the Institute for Supply Management, in a statement. “Respondents remain mostly optimistic about overall business conditions and the economy. They still have underlying concerns about employment resources and capacity constraints.”
New orders, a key component of the overall index, fell by 6.2 points last month to 59. Meanwhile, prices increased by 4.3 points to 58.7.
https://www.cnbc.com/2019/04/03/ism-...arch-2019.html
Last edited by Silver and Gold; 04-03-2019 at 10:27 AM.
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We've Been in a Powerful Economic "Expansion" Now for About 10 Years...
LOL..
We used to hear "it's a Recovery" Back when the Dow was Tipping past 10,000
seems kind of silly to Try to pour Doom and Gloom on such a Obviously "Hot" Economy.
(our Local Sears just shut down.. JCPenny's will soon Follow)
and Gas soon Well over $3 a Gallon only Makes it Easier to SEE How GREAT Everything is (AGAIN)
x3
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It will be awhile yet, it takes at least a year to slow down the U.S. economy, and it's no slowing down yet. Closing retail stores won't put a dent in this thing, although maybe a precursor, people just moved to online transactions, if anything that shows some belt tightening to start as folks chase lower prices.
https://hbr.org/2019/04/companies-ne...nomic-downturn
Banned Full
Yes you can ! These last 10 years are proof that you can ignore economic reality.
However, you cannot ignore the consequences of ignoring economic reality.
Those are coming !
Banned Full
+++++++++++++++++++1
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Do not try and understand the economic reality. That's impossible. Instead... only try to realize the truth.
There is no economic reality.
The Oracle will see you now.
Legal Disclaimer: I am not a doctor, nor do I play one on TV.
"It's tough to make predictions, especially about the future." -- Yogi Berra
A variant of this has also been attributed to physicist Niels Bohr, and others.
"Tis against some men’s principle to pay interest, and seems against others’ interest to pay the principal." -- Benjamin Franklin
The School of Hard Knocks is where you get the lesson after you fail the test.
Book title: "The Best Way to Rob a Bank Is to Own One"
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