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Old 07-25-2018, 04:53 PM
 
Location: Canada
6,141 posts, read 3,373,816 times
Reputation: 5790

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Sorry, but the Investment Market does NOT necessarily EQUATE to the Economy as DJT tries to suggest. Thinly people who profit by the "Market" are those that have $$$ in the game..Poor and lower end Middle Class have no such returns on their INVESTMENTS> Meanwhile, Cost ofLiving goes.. Wages remain stagnate and Lobbyists pay Politicians to get benefits from lawmakers.

Putting that all aside .. The actual economy felt by the voters and working class is a real thing.. Rhetoric.. claims means and~~ I'm a lucky one who always lived within my means.. so am able to adapt.. BUT my children who now make more $ per years.. are unable to afford things due to COL !! Wages has not kept up with living expenses for the employee's of Profitable Corporates.. Yet, Corporations show increasing profits..

Meanwhile,back to 2018 July~~~

https://www.livetradingnews.com/the-...l#.W1j88K2ZMcg
Summary

Quote:
DJ INDU AVERAGE is currently 2.1% above its 200-period moving average and is in an downward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect volume flowing into and out of .DJI at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on .DJI and have had this outlook for the last 13 periods. The security price has set a new 14-period high while our momentum oscillator has not. This is a bearish divergence.
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Old 07-25-2018, 04:54 PM
 
45,676 posts, read 24,018,755 times
Reputation: 15559
Quote:
Originally Posted by Freak80 View Post
So what? I only care about an extra $40 in my paycheck every two weeks. I don’t care about long term effects. Only liberals worry about silly stuff like long term planning. Remember, five year plans were invented by socialist liberals.

How naive.

Prices are going up now.
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Old 07-25-2018, 05:01 PM
 
12,040 posts, read 6,572,819 times
Reputation: 13981
Quote:
Originally Posted by burdell View Post
'roaring' apparently has a different definition in TrumpLandia than in the rest of the world.
Roaring GDP expected between 3.3–4.6 and now accelerating......
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Old 07-25-2018, 05:05 PM
 
14,221 posts, read 6,963,795 times
Reputation: 6059
Quote:
Originally Posted by mountainrose View Post
Roaring GDP expected between 3.3–4.6 and now accelerating......
Wages have been flat for 20 years and arent increasing for the typical worker now either. And you're here parroting corporate media and their GDP.
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Old 07-25-2018, 05:15 PM
Status: "Smartened up and walked away!" (set 28 days ago)
 
11,792 posts, read 5,798,330 times
Reputation: 14221
What about that minimum wage hike you guys gushed for? So stocks ended up rallying today after the announcement of the temp agreement to cut tariffs with the EU. All the postulating about Trump bringing our country done - and you end up with egg on your face!
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Old 07-25-2018, 05:22 PM
 
45,676 posts, read 24,018,755 times
Reputation: 15559
Quote:
Originally Posted by xray731 View Post
What about that minimum wage hike you guys gushed for? So stocks ended up rallying today after the announcement of the temp agreement to cut tariffs with the EU. All the postulating about Trump bringing our country done - and you end up with egg on your face!
It 'rallied' to beginning of January levels. We aren't making buckets there.

Unless we sol after the spike in January and then bought back in.

And I suspect few of us did that.
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Old 07-25-2018, 05:40 PM
 
4,299 posts, read 2,811,465 times
Reputation: 2132
Quote:
Originally Posted by WMak70 View Post


However, there are more aspects to the economy than just growth. Most knowledgeable economists right now are either cautiously optimistic or concerned about the future, based on many factors, none of which have anything to do with Trump.



That's what I realized. Can Trump supporters be non-biased for once and tell me exactly how this is supposed to be great news even if it's true? A customer at my workplace was explaining to me about how a great economy means nothing to the little people..it just helps corporate. I don't remember his exact words but I remember it made sense. I also saw a link on here that said something similar. It shows how states might have great economy but inequality is vast and not much opportunity. It all needs to be balanced. I think it has to do with inflation for one. If the economy is too great the inflation climbs up.


I'm really financially illiterate but I do understand the basic logic that a great economy doesn't mean that we will all prosper because good employers have to be willing to hire and it all depends on your qualifications. The hiring system needs to change. If you have a great economy and still have people submitting their applications in a black hole, it doesn't mean crap.
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Old 07-25-2018, 05:57 PM
 
Location: The Republic of Texas
78,863 posts, read 46,634,918 times
Reputation: 18521
Quote:
Originally Posted by movedtothecoast View Post
Housing market does not look good .





Tell that to my 4 other clones!!!
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Old 07-25-2018, 05:58 PM
 
16,825 posts, read 17,736,880 times
Reputation: 20852
Quote:
Originally Posted by t206 View Post
This isn't hard, the calendar year starts on 1/1, which means the close on 12/29 is where you start the calculation. Today is July 25th and the market is closed, so that is where you end the calculation.

Using random averages of the first month of the year and last month makes zero sense, other than trying to lie about the number.
Roflmao at the term “random averages”! I cannot wait to show that to my stats students.

Statistics are not your skill set, you shouldn’t pretend it is. When talking about a measurement that has variability you always want to use a statistical measure that either incorporates standard deviation or smoothed noise. Like average.

But really “random averages” priceless.
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Old 07-25-2018, 06:03 PM
 
Location: San Diego
50,315 posts, read 47,056,299 times
Reputation: 34087
Quote:
Originally Posted by PCALMike View Post
Are you kidding?

Read more: https://www.bloomberg.com/view/artic...ng-for-workers

This is terrible. 20 years of stagnating wages for ordinary Americans and just more pain and misery to come.
Everyone I know must not be ordinary then because we are doing better than ever. 2 straight years of bonuses. Record setting housing prices.
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