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re: CNBC’s Jim Cramer Declares ‘The Economy is a Juggernaut Now’ Headed for Historic ‘Boom’

Posted on 12/8/21 at 3:14 pm to
Posted by MeatCleaverWeaver
Member since Oct 2013
22175 posts
Posted on 12/8/21 at 3:14 pm to
Ministry of Truth
Posted by PiscesTiger
Concrete, WA
Member since Feb 2004
53696 posts
Posted on 12/8/21 at 3:40 pm to
You say Covid. We say Baw. Yah?
Posted by Jack Carter
Member since Sep 2018
10495 posts
Posted on 12/8/21 at 3:44 pm to
This is the results of Biden holding meeting with news agencies to paint a falsified picture of the economy
Posted by TBoy
Kalamazoo
Member since Dec 2007
23818 posts
Posted on 12/8/21 at 4:02 pm to
quote:

Instead of your snarky arse liberal one liner, how about you tell us what the frick you’re talking about


The S&P 500 is +27% year to date

Dow is +18% year to date

Nasdaq Composite is +24% year to date

Vanguard Total Stock ETF is +24% year to date

By every measure the stock value of the American markets are on rocket fuel after the inauguration. You can try your sorry little punk arse to spin it any way you want but you can't possibly argue that the American markets aren't in a historic expansion boom. It's a matter of objective fact.
Posted by fjlee90
Baton Rouge
Member since Nov 2016
7856 posts
Posted on 12/8/21 at 4:08 pm to
quote:

The S&P 500 is +27% year to date Dow is +18% year to date Nasdaq Composite is +24% year to date Vanguard Total Stock ETF is +24% year to date By every measure the stock value of the American markets are on rocket fuel after the inauguration. You can try your sorry little punk arse to spin it any way you want but you can't possibly argue that the American markets aren't in a historic expansion boom. It's a matter of objective fact.


On face value you’re correct.

We are in for a doozy of a correction when the fed tapers and raises rates due to shite policies. The market is artificially inflated. Can’t wait to circle back to this comment.
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19566 posts
Posted on 12/8/21 at 4:17 pm to

It’s like Lee Corso putting on the mascot head that represents the US economy.

It’s like the US economy being on the labeling for Madden Football 2022.
Posted by dgnx6
Baton Rouge
Member since Feb 2006
68911 posts
Posted on 12/8/21 at 4:21 pm to
quote:

Cramer went on to say that “we are at a point where we have to say, You know what? … We’ve got to go and lead our lives,” and that “everything one that you’re focused on right now is going to go higher. It’s a great place to be.”


Lol, most of us have been saying this after the initial 2 weeks.

God damn I fricking hate people.
Posted by CA Jones
Member since Jan 2021
169 posts
Posted on 12/8/21 at 4:22 pm to
It’s too bad only 52% of the American Households are invested in The Stock Market. The rich continue to get richer. Equities are an excellent hedge against inflation up to a certain point. As soon as the tax rates goes up and the interest rates rise due to inflation, all bets in The Stock Market are off. We’re faced with a Mountain of Debt that will be a huge drag on future growth.
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73479 posts
Posted on 12/8/21 at 4:27 pm to
You just confused low T
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