Kansas Crimson

Posted: **Thu Jan 25, 2024 9:12 pm**

Carl Quintanilla
@carlquintanilla
FITCH, on #GDP:

".. Whichever way you slice it, this report caps a year of stellar economic growth performance, particularly with the backdrop of the Fed’s aggressive monetary policy tightening cycle. The momentum of economic growth going into 2024 is looking very good and presents an upside risk to growth going forward, despite widespread expectation of a slowdown in 2024. The Fed will likely not be in a hurry to cut rates, if the data continues to come in this hot."

@FitchRatings
9:02 AM · Jan 25, 2024
·
36.2K
Views

Posted: **Thu Jan 25, 2024 9:46 pm**

Ben Carlson
@awealthofcs
·
13h
I know this can't last but right now we have:

5% nominal wage growth

6% nominal GDP growth

and 3% inflation

And the Fed is going to cut interest rates w/stocks at all-time highs

Posted: **Fri Jan 26, 2024 1:48 pm**

President Biden’s average job approval rating during his third year in office was the lowest of any U.S. president since President Carter, according to a Gallup survey published Thursday.

https://thehill.com/homenews/administra ... er-gallup/

Posted: **Fri Jan 26, 2024 4:55 pm**

The S&P 500 and the Nasdaq 100 broke their string of consistently higher highs for 5 days in a row, today.

Impeach Joe?

Posted: **Fri Jan 26, 2024 6:30 pm**

ousdahl wrote: ↑Fri Jan 26, 2024 1:48 pm President Biden’s average job approval rating during his third year in office was the lowest of any U.S. president since President Carter, according to a Gallup survey published Thursday.

https://thehill.com/homenews/administra ... er-gallup/

Ous. Man. The Hill? Right now we all need to be focusing on preventing the rise of Nazi II

Posted: **Fri Jan 26, 2024 6:30 pm**

Shirley wrote: ↑Fri Jan 26, 2024 4:55 pm The S&P 500 and the Nasdaq 100 broke their string of consistently higher highs for 5 days in a row, today.

Impeach Joe?

How do we get the media to report on good news without both sides are awfuling it?

Posted: **Sun Jan 28, 2024 2:27 pm**

oh

https://www.washingtonpost.com/business ... inflation/

Posted: **Sun Jan 28, 2024 2:52 pm**

Sparko wrote: ↑Fri Jan 26, 2024 6:30 pm
Shirley wrote: ↑Fri Jan 26, 2024 4:55 pm The S&P 500 and the Nasdaq 100 broke their string of consistently higher highs for 5 days in a row, today.

Impeach Joe?
How do we get the media to report on good news without both sides are awfuling it?

Speaking of both sides.....

https://markets.businessinsider.com/new ... 1029987163

Posted: **Sun Jan 28, 2024 7:15 pm**

We dodged several bullets during the Trump presidency. The zero percent interest propped him up. But blowing up the free world not a great look

Posted: **Mon Jan 29, 2024 5:37 pm**

Average price for gas in Florida is now below $3 a gallon.

...“The state average has plummeted more than 16 cents in the past two weeks,” said Mark Jenkins, spokesman for AAA - The Auto Club Group. “Plunging temps across the country contributes to lower fuel demand, which normally leads to excess fuel supplies and lower prices.

More than 70% of filling stations now have gas prices below $3 a gallon.” In the Miami area, gas prices dipped more than 9 cents a gallon from last week to this week, according to GasBuddy. In the Bradenton area, gas prices averaged $2.96 a gallon. And in Orlando, home to the theme parks, gas prices are $2.91 to start the week.

[...]

Posted: **Mon Jan 29, 2024 6:30 pm**

Shirley wrote: ↑Mon Jan 29, 2024 5:37 pm Average price for gas in Florida is now below $3 a gallon.

...“The state average has plummeted more than 16 cents in the past two weeks,” said Mark Jenkins, spokesman for AAA - The Auto Club Group. “Plunging temps across the country contributes to lower fuel demand, which normally leads to excess fuel supplies and lower prices.

More than 70% of filling stations now have gas prices below $3 a gallon.” In the Miami area, gas prices dipped more than 9 cents a gallon from last week to this week, according to GasBuddy. In the Bradenton area, gas prices averaged $2.96 a gallon. And in Orlando, home to the theme parks, gas prices are $2.91 to start the week.

[...]

Clearing my throat, because that sure sounds like…

…ELECTION INTERFERENCE!!!

Posted: **Mon Jan 29, 2024 7:47 pm**

jfish26 wrote: ↑Mon Jan 29, 2024 6:30 pm
Shirley wrote: ↑Mon Jan 29, 2024 5:37 pm Average price for gas in Florida is now below $3 a gallon.

...“The state average has plummeted more than 16 cents in the past two weeks,” said Mark Jenkins, spokesman for AAA - The Auto Club Group. “Plunging temps across the country contributes to lower fuel demand, which normally leads to excess fuel supplies and lower prices.

More than 70% of filling stations now have gas prices below $3 a gallon.” In the Miami area, gas prices dipped more than 9 cents a gallon from last week to this week, according to GasBuddy. In the Bradenton area, gas prices averaged $2.96 a gallon. And in Orlando, home to the theme parks, gas prices are $2.91 to start the week.

[...]
Clearing my throat, because that sure sounds like…

…ELECTION INTERFERENCE!!!

I hadn't thought about it that way, but you're right!

Posted: **Mon Jan 29, 2024 7:48 pm**

Thanks, again, President Biden!

Posted: **Mon Jan 29, 2024 8:30 pm**

The economy is so good right now Trump is trying to take credit for it.

Posted: **Mon Jan 29, 2024 9:04 pm**

Don't most presidents see daily highs set hundreds of times during their presidency?

Posted: **Mon Jan 29, 2024 10:23 pm**

DeletedUser wrote: ↑Mon Jan 29, 2024 9:04 pm Don't most presidents see daily highs set hundreds of times during their presidency?

Many of these are all-time, in the history of the market, record highs.

Posted: **Tue Jan 30, 2024 12:10 am**

Shirley wrote: ↑Mon Jan 29, 2024 10:23 pm
DeletedUser wrote: ↑Mon Jan 29, 2024 9:04 pm Don't most presidents see daily highs set hundreds of times during their presidency?
Many of these are all-time, in the history of the market, record highs.

which has happened 348 times since 2013 and 861 times since 1980.

Posted: **Tue Jan 30, 2024 5:36 am**

DeletedUser wrote: ↑Mon Jan 29, 2024 9:04 pm Don't most presidents see daily highs set hundreds of times during their presidency?

Yes. Click the link I provided.

Re: Uncle Joe
Edit Report Quote
Post by RainbowsandUnicorns » Sun Jan 28, 2024 2:52 pm

Sparko wrote: ↑Fri Jan 26, 2024 6:30 pm
Shirley wrote: ↑Fri Jan 26, 2024 4:55 pm
The S&P 500 and the Nasdaq 100 broke their string of consistently higher highs for 5 days in a row, today.

Impeach Joe?
How do we get the media to report on good news without both sides are awfuling it?
Speaking of both sides.....

https://markets.businessinsider.com/new ... 1029987163

Posted: **Tue Jan 30, 2024 6:18 am**

RainbowsandUnicorns wrote: ↑Tue Jan 30, 2024 5:36 am
DeletedUser wrote: ↑Mon Jan 29, 2024 9:04 pm Don't most presidents see daily highs set hundreds of times during their presidency?
Yes. Click the link I provided.

Re: Uncle Joe
Edit Report Quote
Post by RainbowsandUnicorns » Sun Jan 28, 2024 2:52 pm

Sparko wrote: ↑Fri Jan 26, 2024 6:30 pm
Shirley wrote: ↑Fri Jan 26, 2024 4:55 pm
The S&P 500 and the Nasdaq 100 broke their string of consistently higher highs for 5 days in a row, today.

Impeach Joe?
How do we get the media to report on good news without both sides are awfuling it?
Speaking of both sides.....

https://markets.businessinsider.com/new ... 1029987163

Excellent link Gutter, thanks. Helps to confirm the widely-held view that the economy does better during Democratic administrations:

Jan 20,2021

...Here's how the stock market performed under Trump, and how it compared to previous administrations.

The Dow Jones Industrial Average returned 56% during the Trump presidency, according to LPL. This represents an annualized gain of 11.8%, which is the best performance for any Republican president since Calvin Coolidge during the roaring 1920's.

"This was still below the annualized returns of Presidents Bill Clinton and Barack Obama," LPL's Chief Market Strategist Ryan Detrick said in a note on Wednesday.

The annualized return of the Dow was 12.1% and 15.9% for Obama and Clinton, respectively.

...And since election day and up until inauguration day, President Joe Biden saw the sharpest gain on record in the S&P 500 of 12.8%, according to LPL. This compares to Trump's gain of 6.2%, and the previous record holder of John F. Kennedy and Bill Clinton, when the S&P 500 surged 8.8% between election day and inauguration day.

Posted: **Tue Jan 30, 2024 6:37 am**

TDub wrote: ↑Tue Jan 30, 2024 12:10 am
Shirley wrote: ↑Mon Jan 29, 2024 10:23 pm
DeletedUser wrote: ↑Mon Jan 29, 2024 9:04 pm Don't most presidents see daily highs set hundreds of times during their presidency?
Many of these are all-time, in the history of the market, record highs.
which has happened 348 times since 2013 and 861 times since 1980.

^^^

“I think the economy is horrible, except the stock market is going up, and I think the stock market is going up because I'm leading Biden in all of the polls,” Trump said during a Fox News town hall event in Iowa on Jan. 10. “I think there will be a crash if I don't win.”

Famous liberal, not, Steve Forbes yesterday: “'Falling inflation and rising growth gives the U.S. the world's best recovery.' Steve Forbes