How is the Dow Jones being at 14,000 points helping you today? (Corporate Profits, unemployment)

[alphamale]

My leftie/dummycrat friends keep telling me that things are great....look at the stock market!

My question is this....how is it helping you?

Why is it not helping the economy grow?

If it's all going to "fat cats", why are you lefties all excited about it?

What happens when the fed stops printing money?

[Winter_Sucks]

If you have a pension or 401k it is helping.

[Follower Of X]

vers l'avant

[plwhit]

Originally Posted by Follower Of X

vers l'avant

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[Deezus]

Well my stocks are up... If I choose to sell them, I'd make a nice profit from when I bought them.

That's how it helps me, Einstein...

[Jasper03]

It's helping my 401k.

[dsjj251]

Originally Posted by alphamale

My leftie/dummycrat friends keep telling me that things are great....look at the stock market!

My question is this....how is it helping you?

Why is it not helping the economy grow?

If it's all going to "fat cats", why are you lefties all excited about it?

What happens when the fed stops printing money?

Disproves trickledown economics

corporate profits are at an all time high while taxes are at one of their lowest points in our history, yet unemployment is still at 7.9%

it also disproves the notion that companies can not afford to pay their employees more.(obviously i dont mean all companies)

[alphamale]

Originally Posted by Winter_Sucks

If you have a pension or 401k it is helping.

Describe a way that it will benefit you today.

It isn't helping the overall economy.

[MTAtech]

Stock price are a reflection of expectations of corporate profits. Investors are predicting that corporate profits will be strong. It often means investors believe the economy will be strong.

[alphamale]

Originally Posted by Deezus

Well my stocks are up... If I choose to sell them, I'd make a nice profit when I bought them.

That's how it helps me, Einstein...

Have you sold them?

Why aren't more people taking profits and capitalizing it?