economics 101 Joe.
boberic
Loc: Quiet Corner, Connecticut. Ex long Islander
Last niGht at the debate Biden slammed Trump and said that he ONLY pointed to the market as a measure o the economy. And then said that only millionaires and billiojaires cared aout the stock market. So, here is the 1st weeks lecture on the meaning of the stock markets reflection of the health (or lack thereof) of the economy. When the economy is on the upswing companies make more money and thereore more profit. When companies make more profit their stock prices go up because more people want to tt take advvantagge of those higher proits. that's called supply and demand. When those companies stock prices o up, the stock market Goes up. So JOE the increasing market is indeed a measure o the health of the economy. So JOE I realize that this is a simple concept. But because you never had a real job, and the government does swell regardless of what thye economy does, you obiously need economy 101 (please excuse my sticky keys)
boberic wrote:
Last niGht at the debate Biden slammed Trump and said that he ONLY pointed to the market as a measure o the economy. And then said that only millionaires and billiojaires cared aout the stock market. So, here is the 1st weeks lecture on the meaning of the stock markets reflection of the health (or lack thereof) of the economy. When the economy is on the upswing companies make more money and thereore more profit. When companies make more profit their stock prices go up because more people want to tt take advvantagge of those higher proits. that's called supply and demand. When those companies stock prices o up, the stock market Goes up. So JOE the increasing market is indeed a measure o the health of the economy. So JOE I realize that this is a simple concept. But because you never had a real job, and the government does swell regardless of what thye economy does, you obiously need economy 101 (please excuse my sticky keys)
Last niGht at the debate Biden slammed Trump and... (
show quote)
The market is not the economy!
I watched about a half hours worth and realized that Joe's biggest defensive come back for anything he disagreed with was, 'Awww come on.'
Compared to the first one I thought it went pretty good. So who was the winner. I think it was like the first one, both of them were losers.
boberic
Loc: Quiet Corner, Connecticut. Ex long Islander
thom w wrote:
The market is not the economy!
Never said that it was. What I did say, and it is accurate, is that thye market represents the health, or lack thereof, of the economy. When the economy does well the market goes up. The opposite is also true. Maybe economics 101 migght help you AND Joe
thom w wrote:
The market is not the economy!
it is a damn big part of it, doubt you would understand that....maybe you did not have enough foresight to invest in 401K, Sep or other plan...Most of these are invested in the market one way or the other..
guaranteed market will fall dramatically if pedo jo & kameltoe ho are elected..
boberic wrote:
Never said that it was. What I did say, and it is accurate, is that thye market represents the health, or lack thereof, of the economy. When the economy does well the market goes up. The opposite is also true. Maybe economics 101 migght help you AND Joe
that should have been simple enough for thomasina but sadly........
tramsey wrote:
I watched about a half hours worth and realized that Joe's biggest defensive come back for anything he disagreed with was, 'Awww come on.'
Compared to the first one I thought it went pretty good. So who was the winner. I think it was like the first one, both of them were losers.
doubtful it changed anyones mind...
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