S&P breaks 5,000 for first time in History - Bidenomics rolling!

[citygator]

Joe Biden's record breaking economy continues to set heights never seen before. At this rate they may just cancel the November elections and declare Joe Biden president for life - at least another 3-4 years.

S&P 500 Breaks 5,000 For First Time In History

The benchmark stock index is up 43% from its October 2022 nadir as investor confidence was miraculously restored in the face of high interest rates.

www.forbes.com

The S&P 500 topped 5,000 for the first time ever Thursday, a weighty breakthrough as the stock market navigated a challenging economic environment and a devastating 2022 to new heights.

The S&P gained a modest 0.1% to as high as 5,000.40 shortly before markets closed at 4 p.m., breaking its prior intraday high of 4,999 set Wednesday.

The benchmark stock index, which tracks the share prices of 500 of the largest American public companies, is up 5% year-to-date and 43% from its October 2022 nadir of below 3,500, when investor fears peaked about the direction of interest rates amid stubbornly high inflation.

 

[theHawk]

Ain’t inflation great? It jacks up the prices of stocks, just like groceries, gas, and homes.

 

[odanny]

The market is humming right now, I can already see that they are looking towards a Trump presidency based on winners and losers. What they predict means nothing, of course, because they cannot predict the future, but they try.

 

[Oddball]

 

[excalibur]

Market lead by ~7 stocks with poor breadth. Not good at all.

Add in all the inflation since Biden was installed, and the market isn't where it was pre-COVID in real dollar terms.

 

[MarathonMike]

Joe Biden's record breaking economy continues to set heights never seen before. At this rate they may just cancel the November elections and declare Joe Biden president for life - at least another 3-4 years.

S&P 500 Breaks 5,000 For First Time In History

The benchmark stock index is up 43% from its October 2022 nadir as investor confidence was miraculously restored in the face of high interest rates.

www.forbes.com

The S&P 500 topped 5,000 for the first time ever Thursday, a weighty breakthrough as the stock market navigated a challenging economic environment and a devastating 2022 to new heights.

The S&P gained a modest 0.1% to as high as 5,000.40 shortly before markets closed at 4 p.m., breaking its prior intraday high of 4,999 set Wednesday.

The benchmark stock index, which tracks the share prices of 500 of the largest American public companies, is up 5% year-to-date and 43% from its October 2022 nadir of below 3,500, when investor fears peaked about the direction of interest rates amid stubbornly high inflation.

As I keep saying, that is cold comfort to 2/3rds of Americans who have to use their credits each month to pay for food, rent, utilities and gas.

 

[rightwinger]

5000!

 

[rightwinger]

As I keep saying, that is cold comfort to 2/3rds of Americans who have to use their credits each month to pay for food, rent, utilities and gas.

I love watching Conservatives show compassion for poor people

 

[Rambunctious]

Joe Biden's record breaking economy continues to set heights never seen before. At this rate they may just cancel the November elections and declare Joe Biden president for life - at least another 3-4 years.

S&P 500 Breaks 5,000 For First Time In History

The benchmark stock index is up 43% from its October 2022 nadir as investor confidence was miraculously restored in the face of high interest rates.

www.forbes.com

The S&P 500 topped 5,000 for the first time ever Thursday, a weighty breakthrough as the stock market navigated a challenging economic environment and a devastating 2022 to new heights.

The S&P gained a modest 0.1% to as high as 5,000.40 shortly before markets closed at 4 p.m., breaking its prior intraday high of 4,999 set Wednesday.

The benchmark stock index, which tracks the share prices of 500 of the largest American public companies, is up 5% year-to-date and 43% from its October 2022 nadir of below 3,500, when investor fears peaked about the direction of interest rates amid stubbornly high inflation.

The stock market has little to do with the economy... if people can't afford to invest like the big dogs it really does them no good... and food prices are still going up....

 

[Rambunctious]

Record credit card debt. and record card delinquencies... home mortgages are not being paid on time car repos are at an all time high.... this market is only good if you can afford to invest...

 

[leftwinger]

Record credit card debt. and record card delinquencies... home mortgages are not being paid on time car repos are at an all time high.... this market is only good if you can afford to invest...

True. Worst since Obiden 1.0
">February 6,


If the "markets" are up....it is an earlier indicator change is coming.//

 

[citygator]

Record credit card debt. and record card delinquencies... home mortgages are not being paid on time car repos are at an all time high.... this market is only good if you can afford to invest...

None of that is true. I’d like to see some links. You’re lying.

 

[citygator]

Debt levels are low.

 

[Harry Dresden]

None of that is true. I’d like to see some links. You’re lying.

gator you have been shown lots of links in other threads on this and you just say they are wrong and you are right.....you have a biden flag shoved so far up your ass you will never say anything against the guy....whether you believe it or not a good many people in this country dont have a great quality of life like the wealthy do.....and quality of life rates higher for the health of the people and country than the stock market....

 

[rightwinger]

The stock market has little to do with the economy... if people can't afford to invest like the big dogs it really does them no good... and food prices are still going up....

Yet, when the Stock Market crashes….so does the economy

 

[Rambunctious]

Yet, when the Stock Market crashes….so does the economy

That's true.... but some smart people get rich too when it crashes...

 

[Dekster]

Joe Biden's record breaking economy continues to set heights never seen before. At this rate they may just cancel the November elections and declare Joe Biden president for life - at least another 3-4 years.

S&P 500 Breaks 5,000 For First Time In History

The benchmark stock index is up 43% from its October 2022 nadir as investor confidence was miraculously restored in the face of high interest rates.

www.forbes.com

The S&P 500 topped 5,000 for the first time ever Thursday, a weighty breakthrough as the stock market navigated a challenging economic environment and a devastating 2022 to new heights.

The S&P gained a modest 0.1% to as high as 5,000.40 shortly before markets closed at 4 p.m., breaking its prior intraday high of 4,999 set Wednesday.

The benchmark stock index, which tracks the share prices of 500 of the largest American public companies, is up 5% year-to-date and 43% from its October 2022 nadir of below 3,500, when investor fears peaked about the direction of interest rates amid stubbornly high inflation.

The S&P is suffering from irrational exuberance for AI. They'll learn. Keep on fiddling and refresh your drink with that ice scattered all over the deck of the USS Biden. Won't be long until people are demanding that Biden have an independent competency test.

 

[theHawk]

So funny how the left shills for the biggest corporations and their stocks these days.

I thought trickle down economics didn’t work?

 

[JohnDB]

 

[citygator]

You’re going to believe that crew?/?

JPMorgan Forecasts âMild Recessionâ In 2023â Hereâs What Major Financial Institutions Predicted This Week

JPMorgan economists predict the U.S. will contract by 0.5% in the fourth quarter of 2023.

www.forbes.com