PebHmong Discussion Forum

General Category => General Discussion => Topic started by: DuMa on August 15, 2022, 01:49:45 PM

Title: We are out of a RECESSION because?
Post by: DuMa on August 15, 2022, 01:49:45 PM
Biden Did it   :2funny:


    The economy added more than half a million jobs in July alone.
    The unemployment rate dropped to 3.5%, tied for the lowest level since 1969.
    Inflation chilled out (relatively speaking) in July for both the consumers and producers.
    Gas prices tumbled below $4 a gallon for the first time since March.
    Consumer sentiment has bounced off record lows.
    The stock market notched its longest weekly winning streak since November.

https://www.cnn.com/2022/08/15/economy/recession-inflation-economy/index.html (https://www.cnn.com/2022/08/15/economy/recession-inflation-economy/index.html)
Title: Re: We are out of a RECESSION because?
Post by: hmgROCK on August 15, 2022, 01:52:58 PM
I had SPY at $350
It hit $360+ before rebounding

Title: Re: We are out of a RECESSION because?
Post by: DuMa on August 15, 2022, 01:55:16 PM
I had SPY at $350
It hit $360+ before rebounding

Dont' forget to say.. Biden did it. 

The thing about getting criticize for the worst, it can only go so far before it goes back up.  Biden will also get the praise for taking a negative to turn into a positive.  Logic right?   check mate  O0
Title: Re: We are out of a RECESSION because?
Post by: hmgROCK on August 15, 2022, 01:59:48 PM
Dont' forget to say.. Biden did it. 

The thing about getting criticize for the worst, it can only go so far before it goes back up.  Biden will also get the praise for taking a negative to turn into a positive.  Logic right?   check mate  O0

We just have a really stong economy
People are still buying and spending money like crazy
Title: Re: We are out of a RECESSION because?
Post by: DuMa on August 15, 2022, 02:10:41 PM
We just have a really stong economy
People are still buying and spending money like crazy

I was hoping to see another big time collapse like the previous one.   My money is ready to shoot and buy a whole city this time.   :2funny:
Title: Re: We are out of a RECESSION because?
Post by: theking on August 15, 2022, 02:17:38 PM
We just have a really stong economy
People are still buying and spending money like crazy

WELPS so much for the "market is crashing hard" due to the war in Ukraine cause the war is still going on..WRONG as usual... ;D
Title: Re: We are out of a RECESSION because?
Post by: hmgROCK on August 15, 2022, 02:18:39 PM
I was hoping to see another big time collapse like the previous one.   My money is ready to shoot and buy a whole city this time.   :2funny:

Its hard now
Uncle sam not letting good companies go under

This BEAR MARKET CAME AND WENT REALLY FAST

 ;D ;D ;D
Title: Re: We are out of a RECESSION because?
Post by: VillainousHero on August 15, 2022, 08:19:04 PM
The unemployment rate drops as the population grows, but that doesn't mean anyone else is working by the hard numbers.  ;)
Title: Re: We are out of a RECESSION because?
Post by: hmgROCK on August 16, 2022, 08:18:44 AM
This bear market came and go in a flash
Too fast for our boy DUMA to react

 ;D ;D ;D

Another one might be on the horizon as i type this
Title: Re: We are out of a RECESSION because?
Post by: Hung_Low on August 16, 2022, 12:11:09 PM
Biden Did it   :2funny:


    The economy added more than half a million jobs in July alone.
    The unemployment rate dropped to 3.5%, tied for the lowest level since 1969.
    Inflation chilled out (relatively speaking) in July for both the consumers and producers.
    Gas prices tumbled below $4 a gallon for the first time since March.
    Consumer sentiment has bounced off record lows.
    The stock market notched its longest weekly winning streak since November.

https://www.cnn.com/2022/08/15/economy/recession-inflation-economy/index.html (https://www.cnn.com/2022/08/15/economy/recession-inflation-economy/index.html)

Uh... wasn't he the one that cause the mess in the first place with his BBB?
To be realistic... consumer good remained high and unchanged in July, same with inflation (there was no zero inflation in July like Brandon claimed). The only price drop was in gas... but I think Putin did it, right? Putin caused the price hike according to the Brandon admin and MSM talking heads, so if the price went down, he must have caused it too... Isn't it amazing that everything is reported doing amazing just before mid-term election? All these things will go right back up after the mid-term and IRA (BBB 2.0 - lipstick on a pig) take affect.
Well, we were never in a recession because it was redefined by the Brandon Admin and MSM talking heads, kinda like how woman no longer exist.
Title: Re: We are out of a RECESSION because?
Post by: Cali Guy on August 16, 2022, 12:35:08 PM
WELPS so much for the "market is crashing hard" due to the war in Ukraine cause the war is still going on..WRONG as usual... ;D

That clown doesn’t know that he’s a clown.  ;D ;D