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Stock Market White Knuckle Ride

Debate and discussion of current events and political issues across the U.S. and throughout the World. Be forewarned -- this forum is NOT for the intellectually weak or those of you with thin skins. Don't come crying to me if you become the subject of ridicule. **Board Administrator reserves the right to revoke posting privileges based on my sole discretion**
Neckbeard
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Re: Stock Market White Knuckle Ride

Post by Neckbeard » Tue Jan 25, 2022 10:57 pm

bmw wrote:
Tue Jan 25, 2022 10:52 pm
Netflix has sure taken a beating. It has lost nearly HALF of its value since its October 2021 peak.
With the growth of studios running their own streaming services, I have long wondered how they will sustain themselves. I honestly don't think I would keep netflix if i didn't use a vpn.



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audiophile
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Re: Stock Market White Knuckle Ride

Post by audiophile » Wed Jan 26, 2022 8:05 am

Lester The Nightfly wrote:
Tue Jan 25, 2022 8:51 pm
audiophile wrote:
Tue Jan 25, 2022 5:07 pm
I get 1.5% at my bank right now, so I'm sheltering it there, and I don't have to wonder about it.
1.5% ??? That means you were pedaling backwards even when Trump was in office. It also means you're tragically unqualified to assess Biden's or anyone else's economic initiatives. SMH.
And you know that how? I moved out at record high levels.

How is bitcoin doing for you? Ouch!


Ask not what your country can do FOR you; ask what they are about to do TO YOU!!

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Honeyman
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Re: Stock Market White Knuckle Ride

Post by Honeyman » Wed Jan 26, 2022 10:28 am

No early morning post today?


"The more anti-vaxxers....the less anti-vaxxers"

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Turkeytop
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Re: Stock Market White Knuckle Ride

Post by Turkeytop » Wed Jan 26, 2022 11:10 am

audiophile wrote:
Wed Jan 26, 2022 8:05 am

How is bitcoin doing for you? Ouch!

Bitcoin. An imaginary currency with no intrinsic value. What could possibly go wrong?



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audiophile
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Re: Stock Market White Knuckle Ride

Post by audiophile » Wed Jan 26, 2022 2:50 pm

Correct TT, but so is the US dollar.

Not to disappoint:
https://www.msn.com/en-us/money/topstoc ... d=msedgntp


Ask not what your country can do FOR you; ask what they are about to do TO YOU!!

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MWmetalhead
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Re: Stock Market White Knuckle Ride

Post by MWmetalhead » Wed Jan 26, 2022 6:01 pm

The intrinsic value of the dollar is the U.S. gross domestic product. To say there is no intrinsic value is inaccurate, in my opinion.


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MotorCityRadioFreak
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Re: Stock Market White Knuckle Ride

Post by MotorCityRadioFreak » Wed Jan 26, 2022 9:05 pm

MWmetalhead wrote:
Wed Jan 26, 2022 6:01 pm
The intrinsic value of the dollar is the U.S. gross domestic product. To say there is no intrinsic value is inaccurate, in my opinion.
Apples and oranges.


My mom taught me an ounce of prevention is worth a pound of cure. It's too bad Repubes don't believe in prevention for COVID, but they can deny someone water waiting in a line to vote.

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Rate This
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Re: Stock Market White Knuckle Ride

Post by Rate This » Wed Jan 26, 2022 11:00 pm

Inflation is occurring because of factors that occurred before Biden was in office.



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audiophile
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Re: Stock Market White Knuckle Ride

Post by audiophile » Thu Jan 27, 2022 5:18 am

Gooooooooooood Moooooooooooorrrrrrrrrrrrrrrnnnnnnnnnnnnnnniiiiiiiiiiiiinnnnnnnnnnnnnnnnggggggggggggggggg!

https://www.msn.com/en-us/money/markets ... d=msedgntp


Ask not what your country can do FOR you; ask what they are about to do TO YOU!!

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Rate This
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Re: Stock Market White Knuckle Ride

Post by Rate This » Thu Jan 27, 2022 8:53 am

audiophile wrote:
Thu Jan 27, 2022 5:18 am
Gooooooooooood Moooooooooooorrrrrrrrrrrrrrrnnnnnnnnnnnnnnniiiiiiiiiiiiinnnnnnnnnnnnnnnnggggggggggggggggg!

https://www.msn.com/en-us/money/markets ... d=msedgntp
Goooood Mooooorrrrrnnnnniiiinnnnngggg! in todays economic news:
Economy grew 6.9% in the fourth quarter and 5.7% in 2021, highest yearly growth since 1984. Stocks are not the economy. It’s a damned casino. Using them as a metric for the economy is not valid. They are completely separate things that don’t correlate anymore if they ever did.

If you want to know how things really are you have to go to the data which indicates a strong recovery. I tried that once here and got made fun of for it. Apparently scoring cheap points on the other side is more interesting. Who knew?

https://apnews.com/article/f3284b06f153 ... 6f0f81cd7e



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audiophile
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Re: Stock Market White Knuckle Ride

Post by audiophile » Fri Jan 28, 2022 8:55 am

So, lock down the economy for two years, and pay everyone not to work, leading to major supply chain issues, and claiming the economy grew at 6.9% (same amount as inflation) is supposed to impress anyone?


Ask not what your country can do FOR you; ask what they are about to do TO YOU!!

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audiophile
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Re: Stock Market White Knuckle Ride

Post by audiophile » Fri Jan 28, 2022 9:38 am



Ask not what your country can do FOR you; ask what they are about to do TO YOU!!

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Honeyman
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Re: Stock Market White Knuckle Ride

Post by Honeyman » Fri Jan 28, 2022 5:03 pm

audiophile wrote:
Mon Jan 24, 2022 1:15 pm
This one falls on Biden by not helping get people back to work. Stagflation at its finest. Even CNN thinks Trump was better president, now.

https://www.msn.com/en-us/money/markets ... d=msedgntp
Since a-phile posted this Monday morning, the markets went up over 650 points.


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Neckbeard
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Re: Stock Market White Knuckle Ride

Post by Neckbeard » Fri Jan 28, 2022 5:16 pm

audiophile wrote:
Fri Jan 28, 2022 8:55 am
pay everyone not to work\
lol what? I've worked harder in the last two years than I have in my life. Take the damn blinders off.



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Rate This
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Re: Stock Market White Knuckle Ride

Post by Rate This » Fri Jan 28, 2022 6:51 pm

audiophile wrote:
Fri Jan 28, 2022 8:55 am
So, lock down the economy for two years, and pay everyone not to work, leading to major supply chain issues, and claiming the economy grew at 6.9% (same amount as inflation) is supposed to impress anyone?
It grew at 6.9% and there are lots and lots of jobs being created. The hole is large we are trying to climb out of. If you want this buck to stop with Biden than you must accept the other Buck that got us into this mess stopping with Trump.



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