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totodeinhere

(13,059 posts)

35. The Dow has little relation to how well or not well the average American is doing with her or his

Tue Nov 16, 2021, 06:47 PM

Nov 2021

personal finances. Plus the Dow was also setting records during Trump's term. President's have very little to do with whether the stock market is going up or down.

And the Republicans will spin the retail spending increase as just another cause of increased inflation.

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In case you missed it with the Dow way up and retail shopping up [View all] malaise Nov 2021 OP

So inflation is up 6%. multigraincracker Nov 2021 #1

Inflation was up 6% in one month compared to the same month last year. Johnny2X2X Nov 2021 #7

2% inflation became normalized, especially in employer's minds Amishman Nov 2021 #24

In the first 10 months of 2021 the CPI has increased 5.80% (7.00% annualized rate) progree Nov 2021 #37

In caseyou need clarification malaise Nov 2021 #2

Christofascists only care about gas prices when a Democrat is in the Oval Office. Thomas Hurt Nov 2021 #3

gas prices and food nt Chille Nov 2021 #4

Gas and food prices are up across the globe as a result of Covid 19 malaise Nov 2021 #6

This message was self-deleted by its author Chille Nov 2021 #8

Poor you n/t malaise Nov 2021 #11

lol imagine I had a thought Chille Nov 2021 #12

some of us live Chille Nov 2021 #14

Some of us live in places where there is significantly less help and yet malaise Nov 2021 #16

The federal government Chille Nov 2021 #19

She is not in the USA. In any case, let's hope inflation eases everywhere. Nt spooky3 Nov 2021 #20

Yes let's hope malaise Nov 2021 #23

I didn't realize Chille Nov 2021 #27

Covid: up 19.8% since Oct 26 in U.S., and up 24.5% since Oct. 16 worldwide progree Nov 2021 #42

This message was self-deleted by its author malaise Nov 2021 #17

great time to spread a little covid - I mean cheer - around. rurallib Nov 2021 #5

And shipping container backlog has decreased 29% mcar Nov 2021 #9

Eff them malaise Nov 2021 #10

It's why I don't watch TV news much anymore mcar Nov 2021 #15

Seems to be no supply chain issues with the numbers I have heard today. Sherman A1 Nov 2021 #13

Ha malaise Nov 2021 #18

People buy what they can get? It's a hobby. vanlassie Nov 2021 #39

60 Minutes segment on the supply chain issue and why prices are high ... aggiesal Nov 2021 #41

I watched and they missed just as much as they covered in the piece Sherman A1 Nov 2021 #43

I agree with you, but my point was ... aggiesal Nov 2021 #44

Uh oh. Now what can the GOP do to slow this down? C Moon Nov 2021 #21

No worries. The M$M is on the job. Tommymac Nov 2021 #34

Was just at the grocery and the shelves were full. spooky3 Nov 2021 #22

It can't be Biden's fault because prices are high malaise Nov 2021 #25

It can't be Biden's fault because prices are high malaise Nov 2021 #26

Wait, are you using logic? That doesn't work with Rethugs. :-) spooky3 Nov 2021 #28

Bwaaaaaaaaaaaaaaaaaaaaaaah malaise Nov 2021 #29

Purchasing is up by 1.7% twodogsbarking Nov 2021 #30

In October the CPI rose 0.9%, while retail sales were up 1.7% progree Nov 2021 #40

People keep buying shit....yeah Historic NY Nov 2021 #31

THIS malaise Nov 2021 #32

This message was self-deleted by its author malaise Nov 2021 #33

The Dow has little relation to how well or not well the average American is doing with her or his totodeinhere Nov 2021 #35

Wall Street has been largely decoupled from the economy at large... Wounded Bear Nov 2021 #36

True but during the campaign the Slobfather repeated ad nauseum that the Dow would collapse if malaise Nov 2021 #38

I hope we are not basing this issue on what he said. totodeinhere Nov 2021 #45

True but we have to mash down every lie malaise Nov 2021 #47

...K&R... spanone Nov 2021 #46