It says that record profits for companies are rising, but the profits are not being used to benefit the workers based on their productivity or merrit of their labors but rather on stock buybacks to benifit only the sharholders. Says something like that

@diamondlion47

17 күн бұрын

Record low stretch of unemployment, large wage gains for lower class, workers are doing just fine.

Dow is high under a Republican; "economy is great!" ~MAGAt. Dow is high under a Democrat; "Dow is not a measurement of the economy!" ~MAGAt

@spankyssurprise1361

19 күн бұрын

The left did the same thing when trump was president...hell even Biden is on video multiple times saying the same thing.

@firstlast8258

19 күн бұрын

The numbers don't lie but liars use numbers 🤓 🖕

@vitantonioantonietti

16 күн бұрын

@@firstlast8258 that's rich considering how, in 2020, shit45s bragged about the spx500 when its value increased by abnormal percentages, completely ignoring how the day earlier its value had dropped massively...🖕🏻🤓

@WELVAS.

13 күн бұрын

Republicans were praising Trump when it crossed a high of 23,000. Now they say it doesn't matter now that it's 40,000. Switch parties and Republicans would cheer too, it's completely political.

That really was a great montage, damn lol

My portfolio is looking sweet 🎉🎉

Wall Street is no indication of economy. It is an indicator that wall street is making or losing money.

@diamondlion47

17 күн бұрын

You think investors don't factor in the macroeconomic environment into share price? You don't know the first thing about investing, be honest with yourself.

Impressive insight

Since 2008 Wall Street keeps all the gains for itself. People in general be damned.

The weighting of the Dow makes no sense. Share-price weighting has zero logic, Market-cap weighting has some logic, and equal-weighting has most logic.

All this says is 'the top 0.1% will be eating more Foie Gras this month and the rest of us can go Duck (duck goose) ourselves'. I may not be willing to eat The Rich, but I can help set the table, and I wash a mean dish:)

The Fed need to raise more rates!😂

mean the inflation is real. Money became worthless

This means that we have the biggest bubble in US history.

Runaway capitalism

when the market crashes will you also give it the same hype

Remember the stock market is not main street inflation, gas prices, high unemploynent also investor like Warren Buffett and Bill Gates have tooken cash off the table let invest cautious but place a little money in some cash, CD, US Savings. Bonds, and precious metals Gold, Silver diversify...

It means that it has been adjusted for inflation. No difference really.