Dow is on pace for its best June return since 1938

Life is Golden said:
It was on CNBC.

https://www.cnbc.com/2019/06/28/by-...8-sp-500s-best-first-half-in-two-decades.html
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I was reading through all of it from multiple places, and it seems it was a huge gain, after a huge loss in May. It seems it's a boost off hype, on what will happen with G2. So basically you seem to have an influx, based on an unstable what if. There's a good chance this won't end well, and it seems like the big winners are the banks either way. It seems like prices are on a bit of a rise again, and wages aren't changing. This isn't a party for us regular Joe's.
 
zymurgy said:
startups are typical poor. Did you just fall off the turnip truck?

You heard of the AAF - they just went belly up and couldn't pay their employees. It happens.
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True. But someone is bank rolling payroll and expenses to get it started. Unless one is starting in a garage and is still living off the parents.
 
Sailor said:
True. But someone is bank rolling payroll and expenses to get it started. Unless one is starting in a garage and is still living off the parents.
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loans don't make you rich . When people want to claim rich people are creating jobs - I say bs. Risk takers create jobs. plenty of rich people sit on their money and don't take any further risks.

/soap box.
 
zymurgy said:
loans don't make you rich . When people want to claim rich people are creating jobs - I say bs. Risk takers create jobs. plenty of rich people sit on their money and don't take any further risks.

/soap box.
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I am not talking about loans. I am saying correctly somebody is financing that startup. Personal finance, borrowing from friends/relatives, whatever. Someone is paying for that startup. Risk takers do create jobs. They have the money to risk to do it obviously. It works more often than people think. Now, once that startup grows, hires, gets wealthier, who is creating jobs?
 
Jade Dragon said:
Considering your sources, predisposition to lie, and race baiting douchebaggery, I can say you're full of shit, without seeming unreasonable, even if I don't take you off ignore. From the look of the blurb, it seems you don't have a source, and just decid to blow smoke up your ass.
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Damn you're stupid. Don't have a clue how to google eh thread troll? Moron .
 
What does that mean for the working, middle class and poor Americans aside for tRump and his rich GOPer crony buddies? Answer: Not a damned thing and would give them the economical shank too just to suck every bloody penny out of their lives.
 
John Barron said:
And still lower than it was 1 1/2 years ago.
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Not sure how many times you have to say this before those in the cheap seats get the message? This market is not being artificially propped up by QE, under Obama there was three rounds costing trillions.

The Fed launched quantitative easing (QE), ultimately buying trillions of dollars of government bonds and mortgage-backed securities. Between 2008 and 2015, the Fed's balance sheet, its total assets, ballooned from $900 billion to $4.5 trillion.
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https://www.cnbc.com/2017/11/24/the...s-ago--these-four-charts-show-its-impact.html
 
gemini104104 said:
What does that mean for the working, middle class and poor Americans aside for tRump and his rich GOPer crony buddies? Answer: Not a damned thing and would give them the economical shank too just to suck every bloody penny out of their lives.
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God, you are truly monumentally stupid!!
 
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