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Esteemed Contributor
Posts: 6,080
Registered: ‎06-07-2010

Re: Stocks Hit Record High

[ Edited ]

Yes, I am a stock watcher and I think the only reason the Q's stock hit  $1 is because of the Christmas season, sale prices and free shipping.  We'll see what 2024 brings. 

Honored Contributor
Posts: 17,331
Registered: ‎01-06-2015

Why is it that the prices in one grocery store in my town are still ridiculously high, but I can go to a grocery store that's literally across the street from that store and the prices are reasonable? Same products and selection and service. Employees in store #1 not being paid higher wages, and I know that for a fact.

 

I know the answer. The first store is a ghost town because most people refuse to pay those prices and shop across the street. Still store #1 refuses to lower their prices. Greed

"Those who do not remember the past are condemned to repeat it.”
Honored Contributor
Posts: 20,488
Registered: ‎11-08-2014

There's a sinking sense among many, that the inflation that has sent grocery prices soaring--  I can't shop weekly without continued sticker shock at paper goods, food, so many items that were reasonable just a few years ago--  will never fully retreat.  There will be a new "normal".   The happy talk from some in the media simply does not match what's here on the ground in a number of sectors, and it engenders mistrust.

 

 

 

 

Respected Contributor
Posts: 2,625
Registered: ‎05-09-2023

Funny the things people mistrust. Math, science, statistics, economics, medicine, physics vs the shady things/people/ideas into which they put their unquestioning, unwavering faith.

Valued Contributor
Posts: 730
Registered: ‎03-10-2010

@Cakers3 wrote:

@Mersha wrote:

Not to mention the US Economy added 336,000 jobs in November, almost twice the amount expected.

 

Last time I filled up with gas the price was 2.89/gal. in Maryland.

 

Win/win all around.


@Mersha  336,000 was in September.

 

November came in at 199,000. The net gain is estimated to be lower at 160,000 due to one time gains such as striking manufacturing employees and striking members of the writer's guild returning to work. 

 


Smiley LOL

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Respected Contributor
Posts: 2,877
Registered: ‎03-15-2010

Re: Stocks Hit Record High

[ Edited ]

Minimum wage by me has increased significantly with some stores (ie Target) paying more than minimum wage ($16/hour). 

Someone has to pay for the increased wages,  

 

ETA - we are quite happy with the high interest rates on our CD's and saving account. 

Honored Contributor
Posts: 17,331
Registered: ‎01-06-2015

@Lakelife62 wrote:

Funny the things people mistrust. Math, science, statistics, economics, medicine, physics vs the shady things/people/ideas into which they put their unquestioning, unwavering faith.


Yes isn't it, it's quite unnerving 

"Those who do not remember the past are condemned to repeat it.”
Honored Contributor
Posts: 8,037
Registered: ‎06-29-2010

I know lots of stock investment is Foreign investment.  they have lots to loose should the market fail them.  I don't trust the stats as all (even the science has been uncovered) as skued.  i won't give in to the delusions tht all is well and good.

Never Forget the Native American Indian Holocaust
Honored Contributor
Posts: 11,063
Registered: ‎10-01-2013

So many gullible folks with no clue as to what is really happening. They will believe any nonsense they come across that meets their agendas.

Esteemed Contributor
Posts: 6,614
Registered: ‎06-29-2016

About 40% of US equities are foreign owned.

 

The balance is owned by American households either directly, through equity mutual funds or pension benefits.