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02-23-2024, 02:19 PM
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#1
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Lifetime Premium Access
Join Date: Nov 8, 2013
Location: Pittsburgh
Posts: 2,273
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Dow above 39,000!!!
With the market like this, I may have to vote for Biden.
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02-23-2024, 05:01 PM
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#2
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 10,068
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... No Doubt! .... ... ...
### Salty
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02-23-2024, 05:40 PM
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#3
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Premium Access
Join Date: Mar 16, 2016
Location: Steel City
Posts: 7,899
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When your average family is spending nearly an extra grand a month just for necessities, nobody gives a fuck.
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02-23-2024, 06:04 PM
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#4
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 42,580
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Well, all the exchanges are rigged. From the NYSE, Nasdaq, Commex etc. How do you think all the politicians get rich? It’s all a click of the mouse, they can make it go up, or zero it out. What the OP missed is that Joey Bribes quietly supported CBDC’s. And signed documents to pave the way at the Fed. Yep, he did that. They can crash everything then offer you a CBDC to bail YOU out. You’ll have no choice. You have to eat. But the Gooberment will control your bank accounts. How wonderful! But hey, the markets at 39k!!!! Vote for Joey Bribes!!!!
https://www.whitehouse.gov/briefing-...9;%20interests.
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02-25-2024, 05:53 PM
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#5
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 42,580
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Recently:
Jeff Bezos sold $8.5B of Amazon stock
Jamie Dimon sold $150M of JPMorgan
Mark Zuckerberg sold $400M of Meta
Walton family sold $4.5B of Walmart last year
& Warren Buffet has been selling, having the most cash on hand last quarter than he's ever had.
Do these guys know something we don't? What's coming for the stock market?
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02-26-2024, 05:06 PM
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#6
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Premium Access
Join Date: Sep 2, 2022
Location: Pittsburgh PA
Posts: 4,024
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Quote:
Originally Posted by bambino
Well, all the exchanges are rigged. From the NYSE, Nasdaq, Commex etc. How do you think all the politicians get rich? It’s all a click of the mouse, they can make it go up, or zero it out
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It was rigged from 2017-2020, too.
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02-26-2024, 05:46 PM
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#8
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Premium Access
Join Date: Sep 2, 2022
Location: Pittsburgh PA
Posts: 4,024
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Quote:
Originally Posted by bambino
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True, so we can all agree that a POTUS bragging about the stock market is a total douchebag move.
It also doesn't indicate much concerning the economy at large - as some POTUSes would have his supporters believe. It's just a tiny piece of the overall economy, because an overwhelming majority of humans don't own stocks.
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02-26-2024, 05:57 PM
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#9
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 42,580
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Quote:
Originally Posted by tommy156
True, so we can all agree that a POTUS bragging about the stock market is a total douchebag move.
It also doesn't indicate much concerning the economy at large - as some POTUSes would have his supporters believe. It's just a tiny piece of the overall economy, because an overwhelming majority of humans don't own stocks.
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You couldn’t be more wrong. 58% of American families own stock.
https://www.wsj.com/finance/stocks/s...nnial%20survey.
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02-26-2024, 10:48 PM
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#10
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Premium Access
Join Date: Sep 2, 2022
Location: Pittsburgh PA
Posts: 4,024
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Ok. So, Brandon's economy must be doing pretty fucking well then.
In other words, trump doesn’t get brag about the stock market when he's in office, then act like it's not important when it's doing better without him.
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02-27-2024, 02:55 AM
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#11
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 42,580
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Quote:
Originally Posted by tommy156
Ok. So, Brandon's economy must be doing pretty fucking well then.
In other words, trump doesn’t get brag about the stock market when he's in office, then act like it's not important when it's doing better without him.
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Wrong again. Inflation hurts most people.
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02-27-2024, 04:38 AM
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#12
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Premium Access
Join Date: Mar 16, 2016
Location: Steel City
Posts: 7,899
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It’s nearly $1000/month. That’s what it costs an average American family to have Biden as President. That amount, at a modest 5% rate into a 401k from 25-65 is well over $1.5 million at retirement. Go ahead and run the numbers if you dare.
https://www.nerdwallet.com/calculato...est-calculator
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02-27-2024, 08:53 AM
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#13
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Valued Poster
Join Date: Jan 21, 2011
Location: Bonerville
Posts: 5,959
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LOLing, everything is a conspiracy to some here.
IT's Rigged,
It's a witch Hunt,
It's a two tier Justice system,
Stolen Elections!
Illegals are voting!
All bullshit, and absolutley untrue. Some fake ass claims on a non-reputable site like Rumble or X is a joke. You can type up anything you like on those and say it's truth, but it's not. And when it it comes to that aforementioned site Truth Social....it's anything but.
Global commodities on the the stock exchanges, and valuations of publicly traded stocks and investments are a product of the speculation of values and markets of supply and demand. Earnings and cash flows. I don't think the mechanism is one where you can fudge up the numbers and not get caught. Some have tried and been put in the pokey for doing it. Ask Elizabeth Holmes....similar to Trump in ambition despite the actual shit working as described. I'd love to see all cheaters go to jail.
I'd say the only way to cheat in stocks is through either insider trading, or if you were a country who artificially supported the valuation of money-for public trading purposes. That's likely what China and America does in general. We are just slightly more transparent than they are.
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02-27-2024, 01:28 PM
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#14
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The Man (He/Him/His)
Join Date: May 7, 2019
Location: The Box... Indeed
Posts: 4,923
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Quote:
Originally Posted by tommy156
Ok. So, Brandon's economy must be doing pretty fucking well then.
In other words, trump doesn’t get brag about the stock market when he's in office, then act like it's not important when it's doing better without him.
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Actually, he's taking credit for it because he's running
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02-27-2024, 02:34 PM
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#15
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Premium Access
Join Date: Sep 2, 2022
Location: Pittsburgh PA
Posts: 4,024
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Quote:
Originally Posted by HDGristle
Actually, he's taking credit for it because he's running
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LOL! Yeah, I did hear him say that. Unreal what his voters will believe.
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