S&P sets records

Not sure why this question is for libs.

Don’t republicans believe in trickle down economics? If so, a surging stock market… makes the rich… richer and then they will bestow their riches on the poor and middle class. Right?

It wasn’t a conservative who started the OP.

Elon Musk employs 110,000 people worldwide (2021).

Bezos, Amazon alone, 1.3M (2021).

Gates. Fedex 500k and UPS 600k (2024)

You?

If this post is in defense of trickle down… then I am not surprised you agree. But then why did you say this?

Talking out of both sides of your mouth again?

Go take a sarcasm class at the community college.

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lol @Gaius. 10% of my investments is in VANGUARD ESG U.S. STOCK ETF, up a mere 44% year over year.

princeton people might be smart, better to leave the investments to the pros.

Allan

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Traditonally universities have been among the most conservative of investors, investing almost exclusively in high-quality bonds and holding them to maturity.

Some time in the 1980s or1990s they got tired of losing out. The law of large numbers says that they take very little risk in a well diversified protfolio of stocks . . . if the stocks are in high-quality companies.

More recently they are part of a bigger problem.
30% private equity. There are a lot of shady characters and a lot of hair-brained ideas there. It can be a real minefield. Which is why it is private and not “open to the public.”

Heck, a lot of companies that go public now should not be allowed to go public.

You first. that wasn’t sarcasm. You just got caught in your typical pretzel logic.

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While you’re there, see if they’ll let you teach a mind reading class.

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Hmm,
The market has done well since Trumps first election.

I wonder what it will do next.

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Then there was today!

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Correction - NOW the S&P has set records…

Better luck next tantrum!:rofl:

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It may be time to check out Johnson & Johnson stock.
They are America’s number purveyor of Neosporin and other burn creams
and I suspect their sales may be surging recently. :joy:

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Very good question. The Market has already had a huge run, and by all metricts the valuations are stretched. The economy still has numerous areas of weakness. Layoffs are likely going to continue. Inflation is still and will continue to be a problem for many Americans. We will still run massive deficits. The world’s second largest economy (China) still is struggling. Many investors still have plenty of money on the sidelines.

There’s still reasons to be nervous:

https://www.msn.com/en-us/money/personalfinance/americans-borrowing-more-than-ever-as-debt-level-hits-record/vi-AA1u2sqk?ocid=msedgntp&pc=LCTS&cvid=155db3dcc83c47cc871aed5ee7cad7af&ei=41

It’s the Trump effect. Along with all the layoffs since the November elections. :rofl:

As has sales at places like ‘Best Buy’ before Trump’s tariffs hit.

Just got a Black Friday deal on an OLED for $700. Bought it now because I KNOW the price will rise a lot if I wait too long.

I dunno.
Those places peaked three decades ago back when the world was using dial-up modems and discussing that new guy Newt Gingrich.

I shop there, but I wouldn’t buy the stock as a long-term investment.

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Yes.

Video notes that American consumer debt levels hit a new record and give it the 6pm human-interest angle. Not a bad piece.

It misses some of the backgound that makes it scary, but not a bad piece.