The Dow
- Thread starter FastLane
- Start date
WRONG!
bought new for $440,000 in 1992 (Plus I have a connected two story brick matching on car shop with AC/Heat) I'm a woodworker and have table, band, and chop, saws ,planers, sanders, lathes etc.
Anecdote. Dismissed.
Let's d
Why do you lie so much! All economists are bracing for a major recession. Trump's new Fed pick might actually end up having to raise interest rates. When you say shit like this, you just look stupid.
Petty false accusation - I guess you need to pay homage to queen TOP or she might banish you from the scream team.
Name them, and link to the statements you attributed to them anecdotally, if you can.
FastLane
Verified User
Why Californians Are Leaving Texas and Moving Back in 2026 - HAR.com
Discover key insights on Why Californians Are Leaving Texas and Moving Back in 2026 in Adewale Lawal's Blog. Explore expert advice and join the discussion today.www.har.com
It is MUCH cheaper to rent a Uhaul from Texas to California than one from California to Texas.Why Californians Are Leaving Texas and Moving Back in 2026 - HAR.com
Discover key insights on Why Californians Are Leaving Texas and Moving Back in 2026 in Adewale Lawal's Blog. Explore expert advice and join the discussion today.
The Dow has long become the meter of how much wealth is moving to the top. It tells you almost nothing about the economy overall. Jobs are being cut, The people are fighting to keep their heads above water. But the DOW goes up, and you think that is all you need to know,All time high today. Right now it is 51,041.88. The economy looks strong. Sorry liberals.
He's already been comprehensively corrected for his short-sighted assessment.
BartenderElite
Verified User
All time high today. Right now it is 51,041.88. The economy looks strong. Sorry liberals.
I hope Republicans try to sell that to voters every day from now through November.
gfm7175
Jesus is LORD!
I hope Democrats keep putting all their eggs into the "gas prices" basket that won't be the least bit relevant come November.
While the U.S. economy grew strongly in 2025, it is currently on shaky ground. Spiking inflation, static interest rates, the ongoing Iran war, and other dynamics have contributed to a difficult economic moment ahead of midterm elections in November.
The effects on the United States as well as the global economy are likely to be long-lasting. Iranian strikes on oil and gas infrastructure in the Gulf have caused damage that could take years to repair in some cases, and fertilizer shortages cannot be remedied mid-season. Even a full reopening of the strait and an immediate end to hostilities would not spare the economy from significant pain in the months ahead.
With midterm elections approaching in November, the emerging economic crisis risks becoming a political one for Republicans. Only 30 percent of voters approve of Trump’s handling of the economy. The Trump administration, in coordination with the IEA and partner countries, has released oil from the Strategic Petroleum Reserve, and lawmakers in Congress are discussing a temporary reduction in the federal gas tax to offer relief at the pump. These measures could provide some near-term cushion, but there is no straightforward remedy for the long-term damage—to global fertilizer supplies, to oil infrastructure, and to the confidence of consumers and businesses—that the closure of the strait has set in motion.
Inflation spikes in the United States
A 21 percent surge in gas prices was the primary driver of a recent jump in inflation, which rose from 2.4 percent in February to 3.3 percent in March. Inflation, therefore, remains above the Federal Reserve’s target of 2 percent. Similarly, core inflation, which excludes volatile food and energy prices, remains above target at 2.6 percent. The personal consumption expenditures price index, the Fed’s preferred measure of inflation, as it, among other benefits, reflects changes in spending patterns more quickly, reported inflation at 2.8 percent and core inflation at 3 percent.
Importantly, the supply shocks stemming from the conflict have only begun to trickle through the economy. With inflation already up from 2.4 percent in February, next month’s figures are expected to be higher still. The Organization for Economic Co-operation and Development, a grouping of mostly wealthy nations, recently warned that inflation in 2026 could reach as high as 4.2 percent. This could be bad news for Republicans in an election year, especially after Trump promised to bring down inflation rates further.
www.cfr.org
The effects on the United States as well as the global economy are likely to be long-lasting. Iranian strikes on oil and gas infrastructure in the Gulf have caused damage that could take years to repair in some cases, and fertilizer shortages cannot be remedied mid-season. Even a full reopening of the strait and an immediate end to hostilities would not spare the economy from significant pain in the months ahead.
With midterm elections approaching in November, the emerging economic crisis risks becoming a political one for Republicans. Only 30 percent of voters approve of Trump’s handling of the economy. The Trump administration, in coordination with the IEA and partner countries, has released oil from the Strategic Petroleum Reserve, and lawmakers in Congress are discussing a temporary reduction in the federal gas tax to offer relief at the pump. These measures could provide some near-term cushion, but there is no straightforward remedy for the long-term damage—to global fertilizer supplies, to oil infrastructure, and to the confidence of consumers and businesses—that the closure of the strait has set in motion.
Inflation spikes in the United States
A 21 percent surge in gas prices was the primary driver of a recent jump in inflation, which rose from 2.4 percent in February to 3.3 percent in March. Inflation, therefore, remains above the Federal Reserve’s target of 2 percent. Similarly, core inflation, which excludes volatile food and energy prices, remains above target at 2.6 percent. The personal consumption expenditures price index, the Fed’s preferred measure of inflation, as it, among other benefits, reflects changes in spending patterns more quickly, reported inflation at 2.8 percent and core inflation at 3 percent.
Importantly, the supply shocks stemming from the conflict have only begun to trickle through the economy. With inflation already up from 2.4 percent in February, next month’s figures are expected to be higher still. The Organization for Economic Co-operation and Development, a grouping of mostly wealthy nations, recently warned that inflation in 2026 could reach as high as 4.2 percent. This could be bad news for Republicans in an election year, especially after Trump promised to bring down inflation rates further.
The U.S. Economy Was Shaky Before the Iran War. Now It's in Real Trouble. | Council on Foreign Relations
While the U.S. economy grew strongly in 2025, it is currently on shaky ground. Spiking inflation, static interest rates, the ongoing Iran war, and other dynamics have contributed to a difficult economic moment ahead of midterm elections in November.
www.cfr.org
Wal street is not main street.All time high today. Right now it is 51,041.88. The economy looks strong. Sorry liberals.
93% of the market is owned by the 10%.
What does a record DOW do for you?
Does it lower the price of gas?
Does it make the rent on your trailer cheaper?
Does it feed you?
Does it give you a job?
The answer to all those questions and many more similar ones it "NO".
So what does it do, you ask?
It makes the rich richer.
There is a reason tRump wants you to tout those number though.
It makes him happy because he and all his billionaire buddies are making money and you aren't.
Prevaricvating.Prognosticating?
Why affordability will be a key issue in the 2026 midterm elections
- For most Americans, trips to the grocery store provide the most regular and vivid indication of what is happening to prices.
- With the war in Iran raising energy prices, which will flow through much of the economy, the time for the Trump administration to alleviate affordability concerns before the midterms is growing shorter.
Why affordability will be a key issue in the 2026 midterm elections | Brookings
Rising costs across major household expenses are making affordability a central issue in the 2026 midterm elections.
www.brookings.edu
93% of the market is owned by 10% of the population.
Prevaricating is the act of avoiding the truth by speaking or acting evasively. It typically means skirting around an issue, giving misleading half-truths, or quibbling to delay giving a direct answer.
Midterm Elections, Affordability and the Fed