Bideninflation

[chizzy]

Originally Posted by eyecu2

Biden-flation vs stock earnings

Wondering how our friends on the right can make sense of why corporate earnings are all beating estimates, when this inflation is so staggeringly high - reported by them, wouldn't that be inversely related?

If supposed rising costs, are being passed on to the consumer, how come we have earnings that propel the stock market in a spiral upward? Wouldn't that be the opposite if inflation was affecting the cost of goods and production, the squeeze would be to make earnings lower - right?

Meanwhile, when compared to the prior administration the stock market is almost four times as high as it was in 2020.

This inflation is a great joyride for those that have money in the markets. And a hell hole for folks on fixed income. Well folks that have limited fixed income anyway. By the way this is not opposed to try to say there isn't inflation going on - it's more about understanding the nature of it, the greed of corporations, and where the fault and blame lies.

question...... you stated "Meanwhile, when compared to the prior administration the stock market is almost four times as high as it was in 2020. "

the close of 2020 the dji was about 30,600

average dji in 2024 is about 38000

exactly what do you mean by being 4 times as high? what am i missing?

[The_Waco_Kid]

Originally Posted by chizzy

question...... you stated "Meanwhile, when compared to the prior administration the stock market is almost four times as high as it was in 2020. "

the close of 2020 the dji was about 30,600

average dji in 2024 is about 38000

exactly what do you mean by being 4 times as high? what am i missing?

you are missing nothing. the eye is blind here. people who claim Biden has somehow rallied the stock market to new heights fail to realize that the market has risen during every presidency since Ike and including Jimmy Carter. even Biden can't totally fuck up the markets. Yet.



bahahahahahaaa

[berryberry]

Originally Posted by eyecu2

If supposed rising costs

Really? Supposed?

Are you denying there are rising costs and massive inflation?
Are you denying that Senile Biden's inflation has hurt most Americans?

[berryberry]

Under Bidenomics:

Gas prices are up by 53%
Mortgage rates are up by 156%
Overall prices are up by 19.4%

Painful Bidenflation is a TAX on every American!

[berryberry]

Skyrocketing Bidenflation is a direct result of Senile Biden and Far Left Democrats’ out-of-control spending and failed economic policies.

“Inflation locked atop list of financial problems: Gallup”

Inflation remains at the top of Americans’ minds when it comes to their financial woes, according to a survey released Thursday.

The Gallup poll found 41 percent of Americans listed inflation or a high cost of living as “the most important financial problem facing” their families, ranking ahead of issues such as taxes and energy costs.

[berryberry]

Tyson Foods, the second-largest producer of animal protein globally, plunged the most in one year after cautioning that heightened inflation is severely impacting its working poor customers, leading them to reduce their purchases of ready-to-eat products from its brands. This ominous warning comes one week after McDonald's and Starbucks warned that low-income consumers are starting to crack.

"So, Peter, in both retail and foodservice, as you know, the consumer is under pressure, especially the lower-income households. And in retail, we're seeing roughly 20% cumulative inflation over the last three years."

Hell of a job Senile Biden

[berryberry]

CNN anchor stuns Senile Biden to his face with brutal rundown:

"The cost of buying a home is double."

"Real income when you account for inflation is actually down."

"Economic growth far short of expectations."

"Consumer confidence is near a two-year low."

the look on the dementia addled idiot as he got roasted by CNN

[CreatedInSpace]

His responses were that everyone has so much money that it doesn’t matter, and the companies making/selling products are greedy. There’s like 100 different things he could’ve said to soften the blow and that’s what he comes up with. He’s not very good at politics, or being politic, which is why he didn’t campaign. Without the Covid excuse to stay locked in his basement (as much) this time around, it’s bound to be an entertaining election season.

[Salty Again]

... Fancy them or despise them - CNN has tumbled all arse-over-tit
and has landed on the direct edge - which is new ground for them.

Instead of falling in-line with the typical liberal media
daily talking points - CNN has surely attempted to balance their
coverage a bit, based on what they see and hear from people.

... And good for them for doing so. ... ...

Now it's all rather obvious that CNN is chasing ratings, and is
starting to understand that most of America has "tuned them out"
- especially in this new age of BIDENINFLATION.
So the game is on - to chase after conservative viewers.

... But one thing's fer certain - CNN can no longer be counted upon
to spew the usual liberal bullshit all the time. ...

Even the layabouts at CNN understand that BIDENINFLATION is
DESTROYING the country.

#### Salty

[berryberry]

Pathological Liar Senile Biden claims inflation was 9% when he came into office — when it actually was 1.4%

[Salty Again]

... Too Right! ... And Trump was onto Biden about that comment today!

#### Salty

[berryberry]

“80% of Americans say prices still causing pain”

Support for Senile Biden’s economic policies wanes amid inflation fears, Financial Times poll finds

[berryberry]

SINCE SENILE BIDEN TOOK OFFICE:

Gas: +55.5%
Groceries: +21.3%
Eating out: +21.8%
Baby food: +30%
Pet food: +23.1%
K-12 food: +64.9%
Rent: +20.8%
Electricity: +28.5%
Natural gas: +22%
Used cars: +20.4%
Airfare: +38.2%
Public transportation: +26.1%
Real average weekly earnings: -4.4%

[eyecu2]

Also DJIA is up 71.05%.

Hmm how do you compare all those earnings being so high, and the market so strong? Wouldn't riding costs cut into profits??

Doesn't seem to holding back America industry but it's been off the backs of middle America. Who would have thought that these companies would have leveraged a pandemic into making more money? Wages are not changing for a large part of America while the bottom line keeps getting fatter??

Who's fault is that?

[chizzy]

Originally Posted by eyecu2

Also DJIA is up 71.05%.

Hmm how do you compare all those earnings being so high, and the market so strong? Wouldn't riding costs cut into profits??

Doesn't seem to holding back America industry but it's been off the backs of middle America. Who would have thought that these companies would have leveraged a pandemic into making more money? Wages are not changing for a large part of America while the bottom line keeps getting fatter??

Who's fault is that?

so which of ur posts is wrong eye??????


Meanwhile, when compared to the prior administration the stock market is almost four times as high as it was in 2020.

or



Meanwhile, when compared to the prior administration the stock market is almost four times as high as it was in 2020.