There Will Be No Economic Recovery. Prepare Yourself Accordingly.

[1989]

This video with Fred S is just creepy. This guy is a poster boy for corporate greed. He used to be respected. HE SURE ISNT NOW!

just what is corporate greed? Is there a line that is crossed at a certain point? Corporations don't have feelings, they don't hire or fire, they don't pay taxes. People do, people make all the decisions, not corporations. Should wages fluxuate with a company's earnings/losses?

 

[moreluck]

 

[moreluck]

When Will They See That This Is One Bad Recovery? - Larry Elder - Page full

 

[1989]

The bailout is near the end

 

[728ups]

the sky is falling,the sky is falling!!
Dow finishes above 17,000 on strong payrolls report
U.S. stocks rose on Thursday, lifting the Dow industrials above 17,000, after the government reported the economy created a better-than-expected 288,000 jobs in June and the unemployment rate fell to 6.1 percent.

"I would categorize it as a fantastic number, and a great transition to earnings season next week," said David Lyon, a global investment specialist at JP Morgan Private Bank in San Francisco.

Read MoreBoom! Job growth accelerates, rate falls

Lorillard rallied after CNBC reported the tobacco maker could be taken over by Reynolds American within weeks. PetSmart jumped after hedge fund Jana Partners disclosed a 9.9 percent stake and said it plans to ask the retailer to explore a sale.

"It was a very good report; the next leg up in stocks is the 2,000 mark on the S&P 500," said JJ Kinahan, chief strategist at TD Ameritrade.

Read MoreDow 17,000? Another milestone matters more

Flat ahead of the jobs report, the yield on the 10-year Treasury jumped as much as five basis points and was lately up 1 basis point at 2.638.

"The bond market is saying, the economy is healthier than people are giving it credit for," said Kinahan.

The European Union kept monetary policy unchanged as expected on Thursday following last month's measures to stimulate the economy.

Read MoreECB holds fire, all eyes turn to Draghi

Symbol
Name
Price
Change
%Change
DJIADow Jones Industrial Average16875.39
-110.22-0.65%
S&P 500S&P 500 Index1961.55
-11.28-0.57%
NASDAQNasdaq Composite Index4387.83
-31.20-0.71%
After closing at records on Wednesday, both the Dow and S&P 500 furthered their advance into uncharted terrain in Thursday's abbreviated session.

After a 98-point jump, the Dow Jones Industrial Average ended up 92.02 points, or 0.5 percent, to 17,068.26, with Goldman Sachs pacing blue-chip gains that extended to 27 of 30 components.

The S&P 500 added 10.82 points, or 0.6 percent, to 1,985.44, with industrials leading sector gains and utilities the sole laggard among its 10 major industry groups.

Ending at a 14-year high, the Nasdaq advanced 28.19 points, or 0.6 percent, to 4,485.93.

The Chicago Board Options Exchange Volatility Index, a measure of investor uncertainty, fell 4.6 percent to 10.32.

For every three stocks falling, more than four gained on the New York Stock Exchange, where nearly 537 million shares. Composite volume approached 2 billion.

 

[moreluck]

Thank God Obama hasn't stuck his nose into the stockmarket. It's dong well in spite of him.
More than 70% of Americans are in the stock market....some through their 401K and other ways.

 

[728ups]

Thank God Obama hasn't stuck his nose into the stockmarket. It's dong well in spite of him.
More than 70% of Americans are in the stock market....some through their 401K and other ways.

no, it's doing well BECAUSE of his economic polices instituted since he took office. you should really try and keep up with whats going on in the USA!
the Stock Market has RECORD gains
Unemployment is DOWN
the Housing Market is beginning to BOOM once again

and yet you have blinders on unwilling to accept the fact that since power was wrested from the Republicans the economy has shown steady gains.i predict the next two years we will see incredible growth not seen since the 90's( When Clinton was president. Coincidence? Hardly!!!)
Carry on!

 

[moreluck]

I know the market is doing good......I'm in it. 5 million more people are unemployed since he took office.

Companies run well and that's what runs the stock market.....not that idiot in the white house.

Uemployment is down because the participation rate is the lowest since the 70's.

Paint the whole picture, not just the corners.

 

[728ups]

Moreluck here is a picture just for you. after you admire the pretty colors I want you to see how since 2009 home prices have steadily risen. Home prices and the Stock Market are two HUGE indicators of how the economy is performing

 

[purplesky]

just what is corporate greed? Is there a line that is crossed at a certain point? Corporations don't have feelings, they don't hire or fire, they don't pay taxes. People do, people make all the decisions, not corporations. Should wages fluxuate with a company's earnings/losses?

I would call Corporate greed what you now have at Walmart. Thousands of Walmart workers making less than a living wage in 2014 and then also qualifying for and using taxpayer money to buy food.

Walmart is just one example of ridiculous corporate greed. FDX ground is another easy example.

 

[moreluck]

Moreluck here is a picture just for you. after you admire the pretty colors I want you to see how since 2009 home prices have steadily risen. Home prices and the Stock Market are two HUGE indicators of how the economy is performingView attachment 14345

As a realtor I can ignore your take on things !!!

 

[728ups]

As a realtor I can ignore your take on things !!!

you are pretty good at ignoring a great deal of facts,this is nothing new lol

 

[MAKAVELI]

you are pretty good at ignoring a great deal of facts,this is nothing new lol

Maybe if you make that graph into a cartoon she will understand it.

 

[purplesky]

Thank God Obama hasn't stuck his nose into the stockmarket. It's dong well in spite of him.
More than 70% of Americans are in the stock market....some through their 401K and other ways.

If we have a big market correction the Republicans will blame Obama. But record highs in the markets have nothing to do with Obama.

You cant have it both ways.

So if Obamacare works I guess Republicans will call it Romneycare.

 

[moreluck]

When the market hits 6000 (like that one predictor says).........I blame it on Fred S !!

 

[av8torntn]

If we have a big market correction the Republicans will blame Obama. But record highs in the markets have nothing to do with Obama.

You cant have it both ways.

So if Obamacare works I guess Republicans will call it Romneycare.

So you really don't think the government is pushing inflationary policies?

 

[Jones]

I'm enjoying the ride, but I'm also sitting on a big pile of cash. Fool me once....

 

[oldngray]

Its only a matter of time before the market pulls back. We are past due for a correction but it has been delayed by all the money the fed keeps pumping out. Impossible to time the market so I diversified to try to limit losses when the market corrects. I still have some money invested aggressively, just not most of it.

 

[Brownslave688]

Soon to have comprehensive immigration reform.

Sorry but.....roflmao

 

[moreluck]