General Discussion

jmbar2

(8,021 posts)

46. Honestly, at a macro level things look good, but...

Sun Feb 25, 2024, 09:59 PM

Feb 2024

The stock market is being lifted by a handful of high flyer stocks in AI. It is due for a pretty sharp pullback - totally normal - but likely to fuel economic anxiety.

In addition, there are a LOT of layoffs going on, and they are not finding new jobs quickly. For many younger workers, it is their first experience going through mass layoffs, so their anxiety is understandable.

A good stock market does not necessarily lift all boats.

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I just had a very loud discussion with my son. It was very disconcerting. [View all] flashman13 Feb 2024 OP

I'm sorry you have to deal with a trumper son. SharonClark Feb 2024 #1

Politics and family rarely mix well. pwb Feb 2024 #2

I'm estranged from my sister (my only sibling), too. After the 2016 election, she gave up any veneer of civility, and deurbano Feb 2024 #21

My sentiments exactly. People showed us MOMFUDSKI Feb 2024 #77

yeah, haven't you heard - biden started 2 wars.... getagrip_already Feb 2024 #3

Give him a link to one of those list of Trump lies sites. nt BootinUp Feb 2024 #4

He might brush those off as "fake news". Prof. Toru Tanaka Feb 2024 #39

Yes...sigh. But it could be his last chance. BootinUp Feb 2024 #40

Post removed Post removed Feb 2024 #5

He is your son, you love it - that I understand Dan Feb 2024 #6

Covid spending kept the economy going artificially. So it felt great blm Feb 2024 #7

You could ask him what is Trump's platform? GreenWave Feb 2024 #8

Don't forget the tax cuts he got for himself & his rich friends, but ours expire in a few years. CrispyQ Feb 2024 #12

Who did he vote for in 2020? All Mixed Up Feb 2024 #9

My cousin is the same right now albeit she's not brilliant. She doesn't follow politics but has told me she Pisces Feb 2024 #10

Message auto-removed Name removed Feb 2024 #25

There will be a lot of that Nasruddin Feb 2024 #38

Crosspost of interesting Atlantic article cilla4progress Feb 2024 #11

I'm going to guess he gets his "news" from Fox or OAN or one of the other RW propaganda sites. Liberal In Texas Feb 2024 #13

Your analysis is spot on. I think AM radio is a big part too. flashman13 Feb 2024 #15

as a rule, I don't discuss politics with anyone but my wife... mike_c Feb 2024 #14

If anything, those t-shirts richdj25 Feb 2024 #16

Post removed Post removed Feb 2024 #17

Gratuitously mean. babylonsister Feb 2024 #44

"It is disconcerting when you realized you've raised an idiot" Abolishinist Feb 2024 #53

This comes to mind: yonder Feb 2024 #18

He sounds like my entire family. n/t CousinIT Feb 2024 #19

I'm so sorry you have to deal with that.. mountain grammy Feb 2024 #20

Economy is strong right now Johnny2X2X Feb 2024 #22

Post removed Post removed Feb 2024 #23

Sorry you are going through this Chicagogrl1 Feb 2024 #24

l am not surprised, not even a little, nor am I surprised that CNN has trump leading. Eliot Rosewater Feb 2024 #26

my girl is more left than me orleans Feb 2024 #27

So, the son in commodities himself traded against the market (they were wrong) and are losing/lost money, SWBTATTReg Feb 2024 #28

I sm dorry you are hoing through this. ProudMNDemocrat Feb 2024 #29

Sorry but your son doesn't agree with every reputable financial analyst JohnSJ Feb 2024 #30

Hard to understand, but.... SupportSanity Feb 2024 #31

Honestly, it's difficult going from tens of millions of people are living paycheck to paycheck Silent Type Feb 2024 #32

Son fears for his job . . . Aussie105 Feb 2024 #33

main character syndrome Nasruddin Feb 2024 #34

We all do it. Aussie105 Feb 2024 #36

My son is also arguing that, but from a socialist angle! viva la Feb 2024 #35

Does this son have a wife or girlfriend? Freethinker65 Feb 2024 #37

Bet on the wrong horses and came home broke. It's all Biden's fault. Sorry! NBachers Feb 2024 #41

Is the industry he is in deal with environmental regulations ? JI7 Feb 2024 #42

The very young get disheartened easily. Aussie105 Feb 2024 #43

Putting on my therapist hat. griffi94 Feb 2024 #45

Putin's Troll farms are feeding web propaganda . . . John1956PA Feb 2024 #76

Honestly, at a macro level things look good, but... jmbar2 Feb 2024 #46

But it's not just the stock market. Elessar Zappa Feb 2024 #73

Wages are not keeping up with rents in many jobs and areas. Particularly hits young folks. jmbar2 Feb 2024 #78

It will be the young people with their heads MOMFUDSKI Feb 2024 #47

Nah, it'll mostly be middle aged people AkFemDem Feb 2024 #59

Older people are much more likely to vote Republican than young people. Mariana Feb 2024 #70

That's sad. Best of luck!!! wolfie001 Feb 2024 #48

"Our country is the laughing stock of the world." LastLiberal in PalmSprings Feb 2024 #49

My youngest brother. His son has no MAGA at all about him. But Mikes nuts and just will not listen ... marble falls Feb 2024 #50

Been there and done that. It's like talking to a rock. We now agree to disagree. 3 other kids solid Dems. Pepsidog Feb 2024 #51

There's a lot of college educated MAGAts out there. KS Toronado Feb 2024 #52

Greed trumps all. Sky Jewels Feb 2024 #57

I've heard it said Jimbo S Feb 2024 #65

Intelligence and education doesn't make someone immune to propaganda. Mariana Feb 2024 #69

That is sad and I am sorry. LoisB Feb 2024 #54

Commodities people are jerks. It's part of their job description. jaxexpat Feb 2024 #55

I think we all know someone like this. Keep heart. Groundhawg Feb 2024 #56

I am happy for my children to participate in our democracy Melon Feb 2024 #58

It boggles the mind. Ferrets are Cool Feb 2024 #60

The economy and crime can be tricky Polybius Feb 2024 #61

The government is suing to stop grocery merger because food prices are so high. People look at their Pisces Feb 2024 #62

commodities trades r fueled by chaos. what's good for traders is bad for pretty much everyone else. mopinko Feb 2024 #63

Sounds like he is in a cult. You need to deprogram him Emile Feb 2024 #64

How exactly is the OP supposed to deprogram him? Mariana Feb 2024 #68

I feel your pain both of my kids Tree Lady Feb 2024 #66

Do your daughters say why they'll vote GQP? SharonClark Feb 2024 #71

With both its economy issues Tree Lady Feb 2024 #74

Thanks for responding. SharonClark Feb 2024 #75

Treat it as if he's in a cult. Mariana Feb 2024 #67

Trump's trade policies have cost thousands of U.S. manufacturing jobs LiberalFighter Feb 2024 #72