The bond market is twice the size of the stock market and are usually inversely correlated. The stock market is just a collection of shares of public companies. Neither is even considered in the Feds mandate. They could not care less.
Who else is really glad Kyrie went to Duke?
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Investment accounts are damned sure indicative of the overall health of the economy. What the hell do you think they reflect? LOL. And they sure as hell represent a huge part of the economy. Businesses obtain funds to function from three sources: loans from financial institutions, investors (the market), and gross proceeds from the goods and services they sell. Pull all investor funds out of the equation and see what would happen to the economy. Those funds don’t just sit there. They’re used to finance the operations of the businesses ( salaries, plant and equipment, inventory, etc.). Without those funds, business would cease to exist. So it’s hilarious for anyone to say the market isn’t part of the economy, as someone previously said in this thread. It just shows a lack of knowledge. Maybe 1929 should be studied a bit more these days.
Nothing about it makes sense, and every experiment one of them does disproves flat earth. I'm just telling you what they say. I went down the rabbit hole so you don't have to.
If you wanna have some fun, look up flat basketball theory.
That was the same thing they said before the great depression. Weird. It's almost like pumping money into an economy will speed it up until the brakes fall off and the engine explodes.
Not at all, but keep telling yourself whatever you need to believe.
Council Post: Think The Stock Market Is A Leading Economic Indicator? Think Again
So why do many investors do precisely the thing they're told not to do — using past performance to gauge where to allocate their funds?
www.forbes.com
What "they" said this?
That's why raising rates to slow spending and drive down inflation is a good thing, though.
Professor Dave is a total jackass, but my God does he just destroy the flat earth moron in this.
That’s one person’s opinion and they’re wrong. Besides, I didn’t say the markets performance was a forecast of where the economy is heading. I said it’s indicative of where it‘s currently at. It’s not the only indicator and not even the best, but it does reflect the economy. During periods of high inflation people have to spend more of their funds on the basics, actually on pretty much everything. So they have less to invest. That alone will cause a slowdown in the market. It’s just common sense.Not at all, but keep telling yourself whatever you need to believe.
Council Post: Think The Stock Market Is A Leading Economic Indicator? Think Again
So why do many investors do precisely the thing they're told not to do — using past performance to gauge where to allocate their funds?
What "they" said this?
That's why raising rates to slow spending and drive down inflation is a good thing, though.
Anybody that doesn't think this current shit show is an absolutely horrible economy is beyond help.
Lol, that's not an opinion piece, bud. 🤣
And I certainly think I would trust Forbes over some random on a Rupps Rafters fourm, The Paddock since it was moved, with no evidence to support his claims.
The market isn't a good indicator at all as most people don't own stocks or have 401k's. That makes it a poor indicator of the economy.
Then why has there been no slow down? It's only been increasing, which is they keep rasing the rates more than initially planned. Even with record high inflation, consumption of goods is still at record highs and growing. We also have among the lowest levels of inflation among developed nations. So nothing indicates our economy is bad, it's just short on supply.
Completely false. They are trying to avoid a recession. That's in no way a good thing. 😂🤣😂🤣
LOL. You must be on the Biden Administration’s payroll. Don’t believe your lying eyes! And no, we do not have the lowest inflation rate among all developed countries. That’s another lie they’ve been pushing. You do realize a few months ago we were officially in a recession which has always been defined as two straight months of falling GDP. Of course the administration tried to change the definition. LOL.
I mean I know you guys changed the definition of a recession but that won't stop it from happening princess.Ohh, okay. If you say so, big guy!
I said among, not the lowest. But I will happily take your evidence that proves it wrong?
In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." The European Union has adopted a similar definition. In the United Kingdom, a recession is defined as negative economic growth for two consecutive quarters.
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AE82 must be Hunter.
I mean you think to yourself who would be dumb enough to believe anything this administration says and then you run into AE82.😂
Without all the hookers. It seems they do share an affinity for mind altering substances.
No, the White House didn’t change definition of “recession"
Ahead of a key economic data announcement on July 28, critics of President Joe Biden have taken to social media to lay t
www.politifact.com
No, the White House isn't changing the definition of a recession
The debate around the definition of "recession" has never been more confusing. What's clear is that the US is far from an economic downturn.
www.businessinsider.com
Fact Check: Did The White House 'Change Definition of Recession'?
A White House blog says recession is too narrowly defined, just as latest GDP figures are about to land. Some saw the post as an attempt to muddy the waters.
www.newsweek.com
Newsweek and politifact? Boy you really are new at this. You poor gullible soul. Why didn't you just ask Joe if they did 😂No, the White House didn’t change definition of “recession"
Ahead of a key economic data announcement on July 28, critics of President Joe Biden have taken to social media to lay t
No, the White House isn't changing the definition of a recession
The debate around the definition of "recession" has never been more confusing. What's clear is that the US is far from an economic downturn.
Fact Check: Did The White House 'Change Definition of Recession'?
A White House blog says recession is too narrowly defined, just as latest GDP figures are about to land. Some saw the post as an attempt to muddy the waters.
But nobody needs any fact checkers for if this economy is an absolute disaster. FACT.
Some of y’all need to get out and actually enjoy life instead of automatically hating anyone that disagrees with you politically.
ESPN: Kyrie Irving, Brooklyn Nets donating $500K to anti-hate causes
I still very much think that the league should hit him with a hefty fine, to set an example that it can't tolerate hate speech. But I'm willing to give him the benefit of the doubt that he meant no harm. We're all constantly learning and growing (well, most of us are, anyway); some just do it slower than others, for whatever reason.
I still very much think that the league should hit him with a hefty fine, to set an example that it can't tolerate hate speech. But I'm willing to give him the benefit of the doubt that he meant no harm. We're all constantly learning and growing (well, most of us are, anyway); some just do it slower than others, for whatever reason.
Ohh, okay. If you say so, big guy!
The economy is doing "good" because the government poured almost $80 trillion into the economy. The stock market is an asset. It is inflated just like everything else is in this environment. Money is fleeing tech to more stable stocks but basically all the money is still flowing to the US stock market because its the safest dumpster fire in the pile. Asia and Europe are in absolutely horrible shape and energy cost are going to destroy Europes manufacturing. Global trade is a huge part of all economies now and its about to come to an even slower speed.
The only thing the government can do is pour more money into the economy to prop it up but that will increase inflation. they have to raise rates to fight inflation but that will hurt the economy... Keynesians have hit that point where reality trumps theory.
Fact check. Snopes says that’s mostly false. 🤣🤣🤣No, the White House didn’t change definition of “recession"
Ahead of a key economic data announcement on July 28, critics of President Joe Biden have taken to social media to lay t
No, the White House isn't changing the definition of a recession
The debate around the definition of "recession" has never been more confusing. What's clear is that the US is far from an economic downturn.
Fact Check: Did The White House 'Change Definition of Recession'?
A White House blog says recession is too narrowly defined, just as latest GDP figures are about to land. Some saw the post as an attempt to muddy the waters.
I don't hate Kyrie for his politics. I hate him because he's a flat Earther. We can argue if we landed on the moon or if ghost and aliens exist.... but flat Earthers deserve to have hot sauce poured into their cereal.
You're sure about this? 80 trillion? How did they do this?
The economy is doing "good" because the government poured almost $80 trillion into the economy. The stock market is an asset. It is inflated just like everything else is in this environment. Money is fleeing tech to more stable stocks but basically all the money is still flowing to the US stock market because its the safest dumpster fire in the pile. Asia and Europe are in absolutely horrible shape and energy cost are going to destroy Europes manufacturing. Global trade is a huge part of all economies now and its about to come to an even slower speed.
The only thing the government can do is pour more money into the economy to prop it up but that will increase inflation. they have to raise rates to fight inflation but that will hurt the economy... Keynesians have hit that point where reality trumps theory.
That was literally like watching people on this site argue politics. 2 assholes acting like jackasses while everyone else lives their lives and ignores them.
The fed adds zeros to banks balance sheets and issues bonds that they buy themselves. There was a little over $40 trillion on the planet in Jan 2020. There is a little more than $120 trillion on the planet now. Shadow stats got those numbers from the Federal Reserve. If they are wrong, then the Fed is lying for a horrible reason.
I just want to know who this poster is, who saw this discussion on a kentucky forum he was creeping on, and was like "OH NO THEY DONT! WHITE SUPREMACY?! WHERE'S THE 'CREATE ACCOUNT' BUTTON!!!"
This. Kyrie is clearly an idiot and no one should take advice from him, but at least it seems he realizes he made a mistake. At least on this, he didn't go all in like Kanye who appears to just wanna burn his entire world down around him. Now that's a guy I don't get. There's no end game with Kanye. Dude is like Ledger's Joker, just wants personal chaos.
If you're saying 80t globally, then that is a lot more plausible. 80T in the US alone isn't possible.
It's global but those dollars find their way home. Brics nations are trying to end the petro dollar and if that happens you will see inflation like you can't believe. Countries have to hold so many dollars to buy oil If that stops, they are dumping those.
I classify flat earthers as...
A - Raging attention hoors who can't be embarrassed.
B - Straight up insane.
C - Some of both.
I'd put Kyrie in the C category.
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