Republicans blocked passage of a border bill that gave them almost everything they wanted because Moscow Mitch did not want to give Biden a win. Definitely not saying the bill would have solved everything but when Republicans refuse to pass anything so Trump can run on border, Biden's options are limited.
No problem. These are worth having a discussion about, and we have, but I was just hoping to get some actual evidence of these claims by @jonnyboy.
I work in staffing/recruitment (10 years) and this is by far the worst employment situation for white collar workers I've experienced. Colleagues with double my years in the industry echo the sentiment.
According to this expert. It does not matter who the president is. The corporate overlords control the stock market, not the president. My take, the corporate overlords are controlled by the very large private equity funds. They own so much of a companies stock, they have a seat on the board of directors. And decide who runs the day to day operations of the company, and dictate policy.
Yep. I would agree with pretty much everything in your post. The corporate overlords and private equity funds are the same. With the exception that I don't think I ever said they control the stock market, nor do I believe that. They have, however positioned themselves to profit handsomely regardless of what the stock market does. Like Neo. They don't need to dodge those bullets. Thanks.
Many factors control the stock market. It is believed by many, the #1 factor is interest rates. The higher the interest rates, the greater the expense to operate a company, lowering profits. Interest rates are the highest they have been in decades. So why are profits higher? Inflation. The highest inflation rate in 40 years as allowed companies to raise prices higher than the inflation rate. Generating higher profits. I have no idea how or when this cycle ends. But, it maybe a hard landing. PS, having trouble typing, forgive any errors.
If your 401k is shitting the bed you’re doing something terribly wrong. 2024 has been the 6th best year in the history of the stock market as far as record high days, thus far. Unless you double downed on ‘My Pillow’ stock or something? I might make close to $5k today if this holds
I don’t live on main st. Live frugally and you’ll be okay. Or move to any other developed nation where inflation is exponentially worse. Also maybe check into the main reason why inflation has hit the world?
Yes, Wall Street. A true indicator of how regular people are doing. I’m sure all the single mothers out there paying 300% more for groceries and double their rent from two years ago are spiking the football right now because you might make 5k today on obscure speculations and insider market manipulation. You should retire this afternoon and go kick it with the boomers. I heard there’s a Van Halen cover band playing at Hard Rock Cafe. Kirkland Signature hawaiian shirts on sale.
They need to “pull themselves up by their bootstraps”. What do you think caused inflation to begin with? Or should we just ignore the pandemic and the monopolization and corporate greed that followed?
Republican policy has always been about main st. Like trickle down. Reagan and his 18% interest rates…. The air traffic controller strike… gtfo
Hey, don't be knockin' Kirkland Hawaiian shirts. This boomer is rockin' several of those in his closet. And Mick can hang with this Boomer as long as his rich (and getting richer) ass is buying the beer. And give me a CC&R cover band any day....
Some people with 401k's don't know how to set up the investment mix. They just check a box and let it roll. However - even if they chose a really lousy mix - if there is an employer match the fund should increase by at least that amount. If anyone is losing money on a 401k during the last several years they need to contact an investment advisor quick!
