This is going to break a lot of GOP hearts.

[Luce]

Stocks extend rally, notching biggest weekly gain since 2020

Stocks recovered from an early slide on Wall Street and closed broadly higher Friday, notching their biggest weekly gain in 16 months. The S&P 500 rose for the fourth straight day, adding 1.2% to a streak that included back-to-back days with gains of 2%.

apnews.com

Stocks recovered from an early slide on Wall Street and closed broadly higher Friday, notching their biggest weekly gain in 16 months.

The S&P 500 rose for the fourth straight day, adding 1.2% to a streak that included back-to-back days with gains of 2%. The Dow Jones Industrial Average rose 0.8%, while the Nasdaq composite rose 2%. The three indexes each had their best week since November 2020.

This week’s market rally came as Wall Street drew encouragement from the Federal Reserve, which announced its first interest rate hike since 2018 and signaled several more to come. The move, which had been widely expected for months by the market, sends a message that the central bank is focused on fighting the highest inflation in decades. Fed Chair Jerome Powell also stressed confidence that the economy is strong enough to withstand higher interest rates.

Sorry about the good news, republicans.

 

[Antiwar]

In other news, wealthy people got wealthier, and water is wet.

 

[Luce]

In other news, wealthy people got wealthier, and water is wet.

Yes, yes, all those super wealthy retired people living on 401Ks.

Just admit that you're a Trump voter. You aren't fooling anyone anymore.

 

[NolanVoyd]

In other news, wealthy people got wealthier, and water is wet.

That's weird. It's like you are implying stocks don't go down as well.

 

[Antiwar]

Yes, yes, all those super wealthy retired people living on 401Ks.

Just admit that you're a Trump voter. You aren't fooling anyone anymore.

Do you even know what that's supposed to mean?

401k plans replaced actual employer-sponsored retirement plans and funds all kinds of that ethical people wouldn't want to fund.

 

[Fearandloathing]

Stocks extend rally, notching biggest weekly gain since 2020

Stocks recovered from an early slide on Wall Street and closed broadly higher Friday, notching their biggest weekly gain in 16 months. The S&P 500 rose for the fourth straight day, adding 1.2% to a streak that included back-to-back days with gains of 2%.

apnews.com

Sorry about the good news, republicans.

And in a time of war!

 

[Mycroft]

Stocks extend rally, notching biggest weekly gain since 2020

Stocks recovered from an early slide on Wall Street and closed broadly higher Friday, notching their biggest weekly gain in 16 months. The S&P 500 rose for the fourth straight day, adding 1.2% to a streak that included back-to-back days with gains of 2%.

apnews.com

Sorry about the good news, republicans.

Well, I'm not a Republican, but tell me how big gains for the Wall Street gamblers helps our economy. Will inflation magically go away?

 

[Luce]

Well, I'm not a Republican, but tell me how big gains for the Wall Street gamblers helps our economy. Will inflation magically go away?

Let's see. If value of stocks and commodities increase, and the money supply stays the same...

Yes. It "MAGICALLY" makes inflation go away. By the MAGIC of basic mathematics.

UNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNG

 

[Luce]

And in a time of war!

Well, we're not at war. For the first time in forever.

 

[Mycroft]

Let's see. If value of stocks and commodities increase, and the money supply stays the same...

Yes. It "MAGICALLY" makes inflation go away. By the MAGIC of basic mathematics.

UNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNG

Sorry, but your voodoo math isn't going to make the price of milk go back to 2019 levels.

 

[Luce]

Sorry, but your voodoo math isn't going to make the price of milk go back to 2019 levels.

So you don't believe in supply and demand? That's all voodoo?

Are you a communist?

 

[Fearandloathing]

Well, we're not at war. For the first time in forever.

So? You don't think international conflict affects investments?

That's some kind of economist stance!

 

[Warcok]

 

[Luce]

So? You don't think international conflict affects investments?

That's some kind of economist stance!

We sell weapons regardless.

It's just that the output is much lower when we're not beating up on someone.

 

[Antiwar]

Well, we're not at war. For the first time in forever.

Yuh huh.

 

[Mycroft]

So you don't believe in supply and demand? That's all voodoo?

I certainly do believe in supply and demand.

But gambling has nothing to do with supply and demand.

Are you a communist?

And here...you've earned yourself a dismissal.

You are dismissed.

 

[Luce]

I certainly do believe in supply and demand.

Apparently you don't.

 

[Roadvirus]

Stocks extend rally, notching biggest weekly gain since 2020

Stocks recovered from an early slide on Wall Street and closed broadly higher Friday, notching their biggest weekly gain in 16 months. The S&P 500 rose for the fourth straight day, adding 1.2% to a streak that included back-to-back days with gains of 2%.

apnews.com

Sorry about the good news, republicans.

Inflation? Prices of everything are still high.
Gas prices? Still high.
Supply chain issues? Still going on.

Biden still sucks.

 

[Luce]

Inflation? Prices of everything are still high.
Gas prices? Still high.
Supply chain issues? Still going on.

Biden still sucks.

Well, yes. If everything isn't fixed in a single day, it's obviously never ever ever going to be fixed, and everyone should just stop trying and holler at Biden.

And then even the walls clapped.

 

[Mycroft]

Well, yes. If everything isn't fixed in a single day, it's obviously never ever ever going to be fixed, and everyone should just stop trying and holler at Biden.

And then even the walls clapped.

The stock market...whether it rises or falls...will not fix inflation.

 

[beefheart]

Well, I'm not a Republican, but tell me how big gains for the Wall Street gamblers helps our economy. Will inflation magically go away?

I'm no gambler, but my 401(k) did pretty damned good in the lat 4 days.

 

[Mycroft]

I'm no gambler, but my 401(k) did pretty damned good in the lat 4 days.

Cool. Now...about that price of milk.

 

[Common Sense 1]

Stocks going up.... Seems like a positive thing?
Great for 401K's. Good for all investors.

 

[beefheart]

Cool. Now...about that price of milk.

I can afford it.

 

[Mycroft]

I can afford it.

Awesome.

Like I said in post #7...but tell me how big gains for the Wall Street gamblers helps our economy. Will inflation magically go away?

Try thinking outside your own bubble.