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Honored Contributor
Posts: 19,100
Registered: ‎06-17-2015

@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. 

 

"" Compassion is a verb."-Thich Nhat Hanh
Esteemed Contributor
Posts: 5,311
Registered: ‎03-10-2010

I stand corrected for listing the incorrect month.

 

November has indeed been changed to September.

 

 

"My desire to be well informed is currently at odds with my desire to remain sane."
Honored Contributor
Posts: 16,495
Registered: ‎03-09-2010

Re: Stocks Hit Record High

[ Edited ]

@chessylady wrote:

People who own stocks or who have stocks in their pension have a reason to be happy today since stocks hit a record high. Inflation is down and Christmas shopping is vigorous this year. Unemployment is down. You can't argue with success.


@chessylady The rate of inflation rising is down but inflation itself is not.  Prices are still higher than last year and the year before.

 

 

Honored Contributor
Posts: 9,065
Registered: ‎05-23-2011

@haddon9 wrote:

@chessylady wrote:

People who own stocks or who have stocks in their pension have a reason to be happy today since stocks hit a record high. Inflation is down and Christmas shopping is vigorous this year. Unemployment is down. You can't argue with success.


@chessylady The rate of inflation rising is down but inflation itself is not.  Prices are still higher than last year and the year before.

 

@haddon9 , Prices are high because of corporate greed, many companies have been in the news lately for inflating their prices for food and other essentials. 

 

Just a week or two ago the two largest supplier of eggs in the country have listed record profits because of the above practice.


 

You Don't Own Me- Leslie Gore
(You don't Know) How Glad I Am- Nancy Wilson
Regular Contributor
Posts: 184
Registered: ‎12-14-2023

Good news.

Respected Contributor
Posts: 3,122
Registered: ‎03-02-2016
Continued excellent news for the economy. Good for the country. Food prices down, gas prices down, jobs up, wages up, keep a good thing going!
Esteemed Contributor
Posts: 7,468
Registered: ‎07-26-2019

Re: Stocks Hit Record High

[ Edited ]

 

 
 
 
 
New York CNN  â€” 

 " US inflation has had a snowballing effect on family budgets.

The typical American household spent $709 more in July than they did two years ago to buy the same goods and services, according to Moody’s Analytics. "

Esteemed Contributor
Posts: 7,468
Registered: ‎07-26-2019

 " According to a Bloomberg analysis, the average middle-class household has lost over $33,000 in real wealth in just the past year. "

Honored Contributor
Posts: 9,124
Registered: ‎06-25-2012

There is absolutely good about todays economy. Nothing to be happy about. We are all in a sinking ship. Face reality.

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

@ID2 wrote:

There is absolutely good about todays economy. Nothing to be happy about. We are all in a sinking ship. Face reality.


That's your reality, because you want it to be for obvious reasons. 

"Those who do not remember the past are condemned to repeat it.”