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LymphocyteLover

(5,654 posts)
Wed Dec 13, 2023, 04:27 PM Dec 2023

The Dow Jones hit a new high today-- 37,000

It's gone down a bit since then but it's still a new high overall.

Obviously the stock market is only part of the economy and it really only helps those better off, but a huge number of Americans have retirement funds in the stock market, and this is very good news for them.

Thanks Biden!

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The Dow Jones hit a new high today-- 37,000 (Original Post) LymphocyteLover Dec 2023 OP
Best president of my lifetime, thank you, my investment account feels better Walleye Dec 2023 #1
I have no complaints at all. He's had so many crises to deal with and he's fixed and improved countless things LymphocyteLover Dec 2023 #4
If Biden were a Republican Johnny2X2X Dec 2023 #2
Yep! LymphocyteLover Dec 2023 #3
Global Inflation Johnny2X2X Dec 2023 #5
Indeed-- I try to relay this whenever I can! LymphocyteLover Dec 2023 #11
Stock market is at record high thanks to Bidenonics LetMyPeopleVote Dec 2023 #6
Dark Brandon is happy LetMyPeopleVote Dec 2023 #7
Thanks for all the excellent tweets! LymphocyteLover Dec 2023 #14
I'd like to also give a shout out to Janet Yellen. llmart Dec 2023 #8
Oh no, republicans better start impeachment hearings Emile Dec 2023 #9
No wonder the MAGAt GOP had to impeach Biden... llmart Dec 2023 #10
good point! The contrast is wild LymphocyteLover Dec 2023 #13
So, of course, the Republicans opened an impeachment inquiry on Biden. yardwork Dec 2023 #12
The Fed are done with interest rate hikes Norbert Dec 2023 #15
Thursday Dow Futures: +168. brooklynite Dec 2023 #16
Nice! LymphocyteLover Dec 2023 #17
We are still investing. ProudMNDemocrat Dec 2023 #18

LymphocyteLover

(5,654 posts)
4. I have no complaints at all. He's had so many crises to deal with and he's fixed and improved countless things
Wed Dec 13, 2023, 04:42 PM
Dec 2023

Just an incredibly productive 3 years so far!

And yeah, my retirement account is looking good!

Johnny2X2X

(19,114 posts)
2. If Biden were a Republican
Wed Dec 13, 2023, 04:37 PM
Dec 2023

He'd be taking a massive victory tour. MArkets at all time highs. 5,2% GDP growth. 3.7% UE. Wage growth higher than inflation for several months. This economy is the best it's been in 25 years.

Johnny2X2X

(19,114 posts)
5. Global Inflation
Wed Dec 13, 2023, 04:46 PM
Dec 2023

Last edited Thu Dec 14, 2023, 09:32 AM - Edit history (1)

This Holiday season, make sure people know this was global inflation. The United Kingdon still has inflation of 5.6% right now, the US did much better than our economic peers. And the UK right now has a shrinking economy while the US's grew at 5.2% last quarter.

Get people talking about inflation in other xcountries and they'll agree this was global inflation.

Emile

(22,897 posts)
9. Oh no, republicans better start impeachment hearings
Wed Dec 13, 2023, 08:30 PM
Dec 2023

before their voters realize how good the Biden economy is

llmart

(15,552 posts)
10. No wonder the MAGAt GOP had to impeach Biden...
Wed Dec 13, 2023, 08:30 PM
Dec 2023

they've lost the ability to claim how TERRIBLE our economy is.

They picked a very inconvenient day for them to launch their charade.

Norbert

(6,041 posts)
15. The Fed are done with interest rate hikes
Thu Dec 14, 2023, 10:30 AM
Dec 2023

Inflation is at a manageable lower level. The are looking at possibly lowering interest rates in 2024, three times is a possibility.

This happened early yesterday afternoon. The Dow, already in positive territory hit overdrive after that.

This is great news heading into 2024 for Wall Street, Main Street and for Biden-Harris2024.

Look for the Jordan-Biggs-Comer clown show to continue with impeachment without evidence.

ProudMNDemocrat

(16,789 posts)
18. We are still investing.
Thu Dec 14, 2023, 11:46 AM
Dec 2023

Our IRAs are doing fantastic.

Those funds we put into a Money Market account are holding steady. We did that when the Market was plunging in 2020. Had we not done that, we would have not been able to pay off our house and improve things before selling it.

Thanks Joe.

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