Advertisement

Author Topic: We are out of a RECESSION because?  (Read 1699 times)

0 Members and 1 Guest are viewing this topic.

Offline DuMa

  • Elite Poster
  • *****
  • Posts: 18007
  • Gender: Male
  • -(>^_^<)- 052806
  • Respect: +749
    • View Profile
We are out of a RECESSION because?
« 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



Like this post: 0
X_____________ ______________ ______________ ___

Adverstisement

Offline hmgROCK

  • Elite Poster
  • *****
  • Posts: 44455
  • The Hmong Nostradamus
  • Respect: +217
    • View Profile
Re: We are out of a RECESSION because?
« Reply #1 on: August 15, 2022, 01:52:58 PM »
I had SPY at $350
It hit $360+ before rebounding




Like this post: 0
God did not created man...man created god

Offline DuMa

  • Elite Poster
  • *****
  • Posts: 18007
  • Gender: Male
  • -(>^_^<)- 052806
  • Respect: +749
    • View Profile
Re: We are out of a RECESSION because?
« Reply #2 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



Like this post: 0
X_____________ ______________ ______________ ___

Offline hmgROCK

  • Elite Poster
  • *****
  • Posts: 44455
  • The Hmong Nostradamus
  • Respect: +217
    • View Profile
Re: We are out of a RECESSION because?
« Reply #3 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



Like this post: 0
God did not created man...man created god

Offline DuMa

  • Elite Poster
  • *****
  • Posts: 18007
  • Gender: Male
  • -(>^_^<)- 052806
  • Respect: +749
    • View Profile
Re: We are out of a RECESSION because?
« Reply #4 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:



Like this post: 0
X_____________ ______________ ______________ ___

Offline theking

  • Elite Poster
  • *****
  • Posts: 69934
  • Respect: +1410
    • View Profile
Re: We are out of a RECESSION because?
« Reply #5 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



Like this post: 0

Offline hmgROCK

  • Elite Poster
  • *****
  • Posts: 44455
  • The Hmong Nostradamus
  • Respect: +217
    • View Profile
Re: We are out of a RECESSION because?
« Reply #6 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



Like this post: 0
God did not created man...man created god

Offline VillainousHero

  • Elite Poster
  • *****
  • Posts: 14237
  • Gender: Male
  • Villain or Hero
  • Respect: +415
    • View Profile
Re: We are out of a RECESSION because?
« Reply #7 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.  ;)



Like this post: 0
The real villain is looking at you.  The last hero was just not true.  If everything works out in the end.  It's because all things make amends.

Offline hmgROCK

  • Elite Poster
  • *****
  • Posts: 44455
  • The Hmong Nostradamus
  • Respect: +217
    • View Profile
Re: We are out of a RECESSION because?
« Reply #8 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



Like this post: 0
God did not created man...man created god

Offline Hung_Low

  • Elite Poster
  • *****
  • Posts: 11643
  • Gender: Male
  • Respect: +294
    • View Profile
Re: We are out of a RECESSION because?
« Reply #9 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

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.



Like this post: 0
- Maxi pad not greatest thing on earth but next to it.

Offline Cali Guy

  • Jr. Poster
  • ***
  • Posts: 3445
  • Respect: +698
    • View Profile
Re: We are out of a RECESSION because?
« Reply #10 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



Like this post: +1

 

Advertisements