With interest rates held artificially low by the Fed there is almost no place else to put cash that you want to invest. People keep buying stocks at prices that are just not justified except the hope that someday some other idiot will pay you a lot more than you paid for it.All 3 set record highs today and things ain't exactly going great guns around the country for a lot of things. Seems like I recall some folks on here predicting a big crash if Biden got elected.
With interest rates held artificially low by the Fed there is almost no place else to put cash that you want to invest. People keep buying stocks at prices that are just not justified except the hope that someday some other idiot will pay you a lot more than you paid for it.
Generally speaking, the market is high when future corporate profit expectations are high. With the Dems “tax corporations and the rich” agenda wavering on the brink of collapse this makes for corporate profit optimism along with high demand for products in a lot of sectors of our economy.All 3 set record highs today and things ain't exactly going great guns around the country for a lot of things. Seems like I recall some folks on here predicting a big crash if Biden got elected.
historically the Fed Funds rate has averaged around 5%,,,,,,,,,,it had never been pushed down to almost 0% until about 2010 when the Fed went all in to keep Obamas economy from tanking and it has been close to there for almost 11 years nowGenerally speaking, the market is high when future corporate profit expectations are high. With the Dems “tax corporations and the rich” agenda wavering on the brink of collapse this makes for corporate profit optimism along with high demand for products in a lot of sectors of our economy.
Additionally, our monetary policy has made other investment instruments unattractive relative to equities. Some say the stock market is artificially high.
You mean December 2008 when Obama led the great economic collapse?historically the Fed Funds rate has averaged around 5%,,,,,,,,,,it had never been pushed down to almost 0% until about 2010 when the Fed went all in to keep Obamas economy from tanking and it has been close to there for almost 11 years now
You mean December 2008 when Obama led the great economic collapse?
Are you sure you have your data right..... on Obama vs McCain in the Polls?Wow, you seem to be missing a few facts in your assertions. The first was that the downturn in 2008 started in September around the time that John McCain was leading in the polls, and an Obama presidency was far from a sure thing. Second, the 2020 downturn started in March of 2020, long before Biden was even assured the nomination.
historically the Fed Funds rate has averaged around 5%,,,,,,,,,,it had never been pushed down to almost 0% until about 2010 when the Fed went all in to keep Obamas economy from tanking and it has been close to there for almost 11 years now
Are you sure you have your data right..... on Obama vs McCain in the Polls?
Gallup Daily: No Dent in Obama Lead So Far
Barack Obama continues to hold a significant lead over John McCain, 49% to 42%, in the latest Gallup Poll Daily tracking results.web.archive.org
Rasmussen Reports™: The most comprehensive public opinion coverage ever provided for a presidential election.
Rasmussen Reports - The best place to look for polls that are spot onweb.archive.org
These polls all have Obama ahead of McCain in Sept.
And Come on Biden was assured of the Nomination once they put his name in the hat. Bernie never had a chance..... And the Polls had Biden ahead in March....
Donald Trump in 'near tie' with Joe Biden, new poll finds
Washington Post-ABC News poll puts former vice-president ahead by 49% to 47% among registered voterswww.theguardian.com
You have some very selective memory. How was Biden a sure thing once he put his name in there hat? He appeared to have NO chance before South Carolina voted.Are you sure you have your data right..... on Obama vs McCain in the Polls?
Gallup Daily: No Dent in Obama Lead So Far
Barack Obama continues to hold a significant lead over John McCain, 49% to 42%, in the latest Gallup Poll Daily tracking results.web.archive.org
Rasmussen Reports™: The most comprehensive public opinion coverage ever provided for a presidential election.
Rasmussen Reports - The best place to look for polls that are spot onweb.archive.org
These polls all have Obama ahead of McCain in Sept.
And Come on Biden was assured of the Nomination once they put his name in the hat. Bernie never had a chance..... And the Polls had Biden ahead in March....
Donald Trump in 'near tie' with Joe Biden, new poll finds
Washington Post-ABC News poll puts former vice-president ahead by 49% to 47% among registered voterswww.theguardian.com
Because the Democratic Part was not going to allow Bernie a Card Carrying Commie to get destroyed in 2020 as independent voters would not of swallowed that hammer and sickle. All other candidates where just window dressing, because Biden was the Best chance to unseat Trump.You have some very selective memory. How was Biden a sure thing once he put his name in there hat? He appeared to have NO chance before South Carolina voted.
You are correct, and the stock market crashed at the end of September.Are you sure you have your data right..... on Obama vs McCain in the Polls?
Gallup Daily: No Dent in Obama Lead So Far
Barack Obama continues to hold a significant lead over John McCain, 49% to 42%, in the latest Gallup Poll Daily tracking results.web.archive.org
Rasmussen Reports™: The most comprehensive public opinion coverage ever provided for a presidential election.
Rasmussen Reports - The best place to look for polls that are spot onweb.archive.org
These polls all have Obama ahead of McCain in Sept.
And Come on Biden was assured of the Nomination once they put his name in the hat. Bernie never had a chance..... And the Polls had Biden ahead in March....
Donald Trump in 'near tie' with Joe Biden, new poll finds
Washington Post-ABC News poll puts former vice-president ahead by 49% to 47% among registered voterswww.theguardian.com