General Discussion

ctsnowman

(1,904 posts)

43. "Price-to-earnings ratios are totally nuts."

Sat Jul 5, 2014, 09:31 AM

Jul 2014

Exactly. The rich have so much money they have no idea what to do with it. The one thing they will not do is create jobs. Why should they when they can play WS.

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Measuring the average American's economic well-being using stock prices [View all] MannyGoldstein Jul 2014 OP

Amen to that Manny! hrmjustin Jul 2014 #1

This message was self-deleted by its author 1000words Jul 2014 #2

Yup. Stock Market going through the roof? Erich Bloodaxe BSN Jul 2014 #3

Mitt Romney and his ilk should be doing happy dances! President Obama has been very, very good to quinnox Jul 2014 #16

Yup, I don't think they even understand how this looks quinnox Jul 2014 #4

I have seen this graph posted Dragonfli Jul 2014 #61

Yes, that looks more realistic arikara Jul 2014 #62

They see what they want to see. ACA is now the answer to our healthcare problems, Doctor_J Jul 2014 #5

This message was self-deleted by its author 1000words Jul 2014 #7

Bingo! Scuba Jul 2014 #11

The funny thing about that is that I used to be a centrist, and now I'm "extreme left", winter is coming Jul 2014 #13

Our President has said he's basically a 1980's Republican MannyGoldstein Jul 2014 #25

Oh, hush your purist rantings. n/t winter is coming Jul 2014 #27

anywhere is fine Doctor_J Jul 2014 #32

I like to be punched in my hippie. Warren Stupidity Jul 2014 #63

Very astute BlindTiresias Jul 2014 #45

I'm not as dismissive of the market as you are. BillZBubb Jul 2014 #6

This... MannyGoldstein Jul 2014 #35

Stocks rose yesterday because of the great jobs report. Nye Bevan Jul 2014 #8

The stock market's doubled since it bottomed in 2009 MannyGoldstein Jul 2014 #10

And unemployment has fallen from over 10% to 6.1% in that time (nt) Nye Bevan Jul 2014 #17

The fake unemployment number has, true. MannyGoldstein Jul 2014 #19

OK. That has fallen from 17.1% to 12.1%. Nye Bevan Jul 2014 #21

Yes, U6 is improving, but it's not clear that it's the whole truth, either MannyGoldstein Jul 2014 #22

Pretty much truth Tuesday Afternoon Jul 2014 #9

Great analogy Manny. The Stock Market is a measure of the well being of the wealthy. nm rhett o rick Jul 2014 #12

Thank you. woo me with science Jul 2014 #14

K& Fucking R TransitJohn Jul 2014 #15

Thanks Manny! You got that one right. n/t. airplaneman Jul 2014 #18

Rear Window Message Cartoonist Jul 2014 #20

Only when policies tie everyone's economic well-being together MannyGoldstein Jul 2014 #23

You have to look at the forces driving the market. Jackpine Radical Jul 2014 #29

"Price-to-earnings ratios are totally nuts." ctsnowman Jul 2014 #43

Ok, I am going to have to play contrarian here LondonReign2 Jul 2014 #44

Exactly. I worked for 42 years and saved some of my money watoos Jul 2014 #59

I'm convinced ClarkeVII Jul 2014 #24

No doubt. moondust Jul 2014 #40

The entire engine that drives Wall Street 90-percent Jul 2014 #26

Whoop-ti-doo ReRe Jul 2014 #28

The crash is coming. Jackpine Radical Jul 2014 #30

Yes, it is. The only question is whether it will arrive before Election Day. n/t winter is coming Jul 2014 #36

I hope you're wrong... ReRe Jul 2014 #37

Just like the doctor when the patient dies... nt MannyGoldstein Jul 2014 #33

That's why the wanted so badly to move us to Ed Suspicious Jul 2014 #31

BOOM! You got it! BuelahWitch Jul 2014 #34

wish I could recommend this comment! neverforget Jul 2014 #60

What exactly are you doing to help the situation? IronLionZion Jul 2014 #38

I do not believe that the Jenoch Jul 2014 #39

You need a graph. moondust Jul 2014 #41

They ensnared us when our retirement/pension accounts were invested. WinkyDink Jul 2014 #42

Prof. Richard Wolff has addressed exactly this issue... truth2power Jul 2014 #46

The DOW is like the Batting Average. malthaussen Jul 2014 #47

True. The stock market tripled (up 260%) in FDR's first term, but that was not the indicator pampango Jul 2014 #48

The stock market is a reflection of the actions of the Fed. It's not tied into the overall state Yavin4 Jul 2014 #49

During the Reagan years all they talked about was the GNP, the GNP, the GNP... DesertDiamond Jul 2014 #50

true heaven05 Jul 2014 #51

Insurnace companies and pension funds and, yes, us, regular folks invest question everything Jul 2014 #52

I see the market gains as a reflection of how horribly labor is doing Warpy Jul 2014 #53

Here's what "seeing what you want to see" means Doctor_J Jul 2014 #54

Extremes in the stock market are a bad sign defacto7 Jul 2014 #55

You just started to figure that out NOW??? Spitfire of ATJ Jul 2014 #56

It was more of a public service announcement MannyGoldstein Jul 2014 #57

Looking forward to it. Spitfire of ATJ Jul 2014 #58