The ECONOMY - This is Fine šŸ¤Ŗ

OverlanderJK said:
Yeah, Bob.
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Some people have the stock market confused with the "economy". The federal reserve obviously does not think that the economy is good yet. Stock market prices are based on investors opinion about prices in the future.

The stock market recently saw a big bump due to AI-related businesses, and the general impression that the fed would start dumping money into the economy again.

But the Biden administration had already "juiced" the economy with massive spending bills (e.g "Infrastructure Investment and Jobs Act") with the hope that this would make up for the reluctant fed and help lead to re-election. It did not help most people very much, but it certainly lead to more inflation. This results in even more reluctance from the fed.

Recently it is revealed that there is a surge of lay-offs. The unemployment rate is still low since people are willing to take crappy jobs in order to afford food.

Smart investors put money in when the market is low and put it elsewhere when it is not. The market is still close to its all-time high.
 
OverlanderJK said:
Yeah, Bob.
Click to expand...

The economy on his planet operates differently
bobfriesenhahn said:
Some people have the stock market confused with the "economy". The federal reserve obviously does not think that the economy is good yet. Stock market prices are based on investors opinion about prices in the future.

The stock market recently saw a big bump due to AI-related businesses, and the general impression that the fed would start dumping money into the economy again.

But the Biden administration had already "juiced" the economy with massive spending bills (e.g "Infrastructure Investment and Jobs Act") with the hope that this would make up for the reluctant fed and help lead to re-election. It did not help most people very much, but it certainly lead to more inflation. This results in even more reluctance from the fed.

Recently it is revealed that there is a surge of lay-offs. The unemployment rate is still low since people are willing to take crappy jobs in order to afford food.

Smart investors put money in when the market is low and put it elsewhere when it is not. The market is still close to its all-time high.
Click to expand...
GettyImages-173906959.jpg
 
bobfriesenhahn said:
Some people have the stock market confused with the "economy". The federal reserve obviously does not think that the economy is good yet. Stock market prices are based on investors opinion about prices in the future.

The stock market recently saw a big bump due to AI-related businesses, and the general impression that the fed would start dumping money into the economy again.

But the Biden administration had already "juiced" the economy with massive spending bills (e.g "Infrastructure Investment and Jobs Act") with the hope that this would make up for the reluctant fed and help lead to re-election. It did not help most people very much, but it certainly lead to more inflation. This results in even more reluctance from the fed.

Recently it is revealed that there is a surge of lay-offs. The unemployment rate is still low since people are willing to take crappy jobs in order to afford food.

Smart investors put money in when the market is low and put it elsewhere when it is not. The market is still close to its all-time high.
Click to expand...
Bob do you ever go outside and drive your Jeep anywhere?
 
bobfriesenhahn said:
Some people have the stock market confused with the "economy". The federal reserve obviously does not think that the economy is good yet. Stock market prices are based on investors opinion about prices in the future.

The stock market recently saw a big bump due to AI-related businesses, and the general impression that the fed would start dumping money into the economy again.

But the Biden administration had already "juiced" the economy with massive spending bills (e.g "Infrastructure Investment and Jobs Act") with the hope that this would make up for the reluctant fed and help lead to re-election. It did not help most people very much, but it certainly lead to more inflation. This results in even more reluctance from the fed.

Recently it is revealed that there is a surge of lay-offs. The unemployment rate is still low since people are willing to take crappy jobs in order to afford food.

Smart investors put money in when the market is low and put it elsewhere when it is not. The market is still close to its all-time high.
Click to expand...
Yes. Stock market is strictly based on no bias investors with no ability to impact whatā€™s hot and whatā€™s not and no knowledge of what might come.
 
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