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Hmmmmm Why is mkt surging?

Hmmmmm Why is mkt surging?

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Personally, I think the mkt knows who president will be…Do you? The train is about to leave the station, no reserved seats. But, unlimited seats. You just have to take a seat. If someone else takes a seat and you don’t take a seat, please do not be mad at the person that takes the seat.
I’ve used Nvidia as an example over the last month or so, it is almost doubled. It is over $600, up $18 today. Please don’t be mad at me either.

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https://www.investors.com/news/stock-market-rally-surges-to-2023-highs-as-fed-pivots-toward-rate-cuts-weekly-review/

Markets soared because the Federal Reserve indicated it would cut interest rates, and do so three times. The Fed is cutting interest rates because inflation decreased.

Looks like whoever tells you what to think is worried this will make Biden look good and fed you this half-baked propaganda you're spewing.


@AverageJoe1
I guess if the price of gasoline goes to 2 bucks a gallon, it will because you think it is because Trump will be POTUS again.........

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My cat jumped into my lap and started purring. It thinks Trump will be president.


The snow stopped in western New York. Must be the weather thinks Trump will be prez.


@sonhouse said
@AverageJoe1
I guess if the price of gasoline goes to 2 bucks a gallon, it will because you think it is because Trump will be POTUS again.........
Naaaa, Trump will actually have to undo Biden’s foolhardy oil policies before that can happen. He may rather first clear up Biden’s inflation, so that my granny will not have to sell her Nvidia shares.


@vivify said
My cat jumped into my lap and started purring. It thinks Trump will be president.
My newborn’s first word was Trump, he knows Trump will be president.
I Can’t WAIT!

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@vivify said
https://www.investors.com/news/stock-market-rally-surges-to-2023-highs-as-fed-pivots-toward-rate-cuts-weekly-review/

Markets soared because the Federal Reserve indicated it would cut interest rates, and do so three times. The Fed is cutting interest rates because inflation decreased.

Looks like whoever tells you what to think is worried this will make Biden look good and fed you this half-baked propaganda you're spewing.
Vivify writes this very good post, and certainly we do all know how the interest rates drops are good impetus, helped our economy lately. But who mentioned Trump? I didn’t mention Trump, nor did Vivify, but you 3 turkeys sure did. Sunhouse got you all worked up about Trump. I did not mention Trump. Trump?
Why would I think that Trump’s election would be good for our economy?


Good one Donald


@athousandyoung said
Good one Donald
Did I sell too early? This stock reminds me of GME, the game stock which went to the sky. I bought this at $263, in January, sold yesterday at $598.00 Today it is up another $14, arghhhhh. I was hoping for a lot of selling to dip the stock, so I could re-buy!!! Did I miss my window? Don;'t make me ask Suzianne.


@averagejoe1 said
Personally, I think the mkt knows who president will be…Do you? The train is about to leave the station, no reserved seats. But, unlimited seats. You just have to take a seat. If someone else takes a seat and you don’t take a seat, please do not be mad at the person that takes the seat.
I’ve used Nvidia as an example over the last month or so, it is almost doubled. It is over $600, up $18 today. Please don’t be mad at me either.
One word: Bidenomics.


@averagejoe1 said
My newborn’s first word was Trump, he knows Trump will be president.
I Can’t WAIT!
Stop abusing your kids.


@averagejoe1 said
Naaaa, Trump will actually have to undo Biden’s foolhardy oil policies before that can happen. He may rather first clear up Biden’s inflation, so that my granny will not have to sell her Nvidia shares.
It’s clearing it self up because of Biden’s policies and an easing of post covid supply chain issues. Trump cost the treasury 8 trillion with nothing to show for it but a pat on the bottom from the countries billionaires who are pouring millions into helping Trump end US democracy.
The truth will always come out eventually Joe

Vote Up
Vote Down

@suzianne said
One word: Bidenomics.
I will put it this way, then. The market knows Trump will be President. So, tell us, why is the market not sinking because of the impending doom promised by a Trump presidency???????????????????????????
Sue?


Consumer spending is very high right now. The labor market is strong. GDP is up more than 3%. The market was also bracing for a recession that now seems unlikely to happen.

These things contributed to market activities. The person who is president does not matter much.

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