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LonePirate

(13,489 posts) Wed May 15, 2024, 04:10 PM May 15

Dow, S&P 500 and NASDAQ all hit record highs today. Biden should shout it from the rooftops. [View all]

We sure know his opponent would take all the credit for it.

I don’t expect Biden to make much of a fuss about it simply because the outrage will be strong from those who have been ravaged by inflation and interest rates and are not doing well in this economy.

14 replies

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Dow, S&P 500 and NASDAQ all hit record highs today. Biden should shout it from the rooftops. [View all] LonePirate May 15 OP

Sure, inflation is a pain...but my 401k isn't hurting (at all!). LeftinOH May 15 #1

The rich get richer. The uber rich get uber richer. YAY! Marcus IM May 15 #2

Anyone with a 401K is happy Johnny2X2X May 15 #5

Median 401k balances are shockingly low. Voltaire2 May 15 #6

Not sure where that data is from Johnny2X2X May 15 #8

Those are averages not median. Voltaire2 May 15 #9

Gotcha Johnny2X2X May 15 #10

Presidents have little direct influence on the stock market. Joe is spooky3 May 15 #3

I've got a conservative friend. Johnny2X2X May 15 #4

And if the market has a downturn between now and november, what then? onenote May 15 #7

Attempting to critique policy is risky here. Marcus IM May 15 #11

That is a fair assessment. The markets will drop again at some point. That should be reported with the same vigor. LonePirate May 15 #12

No he shouldn't brooklynite May 15 #13

And the DOW has dropped over 500 points since then. onenote May 23 #14