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-- The economy is improving
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unemployment = better bottom line due to less expenses. I've seen bombardier stocks jump due to layoffs. rally rally rally
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| Originally posted by Krypton Day 1 of my GME investment. I bought at $22.60, it's now $24.40... |
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| Originally posted by Nrg2Nfinit that should cover your 5 dollar comission |
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| Originally posted by Max Thomson go tell the thousands of people who've been laid off how your nice numbers should make them feel better now that the economy is improving. |
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| Originally posted by Nrg2Nfinit that should cover your 5 dollar comission |
This oughtta do it!
U.S. Government Stages Fake Coup To Wipe Out National Debt

what wise decisions has our govt made in the last 6 months that would warrant a recovery?
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| Originally posted by The17sss I did... I did. But the peak was 14,000 and just looking at the stock market is not a good indicator- what kind of recovery could it be if job losses are still mounting and nobody is hiring? All indicators are that things are worse, or going to get worse than are being reported in the short term. That massive 18% drop in tax revenue to the govt., combined with out of control spending and soaring deficits is a harbinger of bad news to come. |
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| Originally posted by The17sss Besides, I don't know if Krypton is the best source of economic advice. About 6 months ago I asked him hypothetically, if he had $50K lying around what he would do with it. He said he'd definitely invest a big portion of that in Caterpillar and/or other heavy construction corporations like that. Since then, Caterpillar has purged 30,000 jobs, seen profits head into the toilet, and closed down several plants. And, the construction industry as a whole is tanking. Good thing I didn't take his advice and invest in Caterpillar. http://www.washingtonpost.com/wp-dy...prss=rss_nation |
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| Originally posted by Krypton $9.90 because they charge $4.95 to buy and $4.95. But yea, it's covered, and then some. |
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| Originally posted by Nrg2Nfinit nice |
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| Originally posted by Krypton As it stands this year I have made 3 investments. Each investment has netted positive returns giving me a 100% accuracy! |
Re: Re: Re: The economy is improving
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| Originally posted by Krypton Inflation means anything priced in dollars goes up in market price, yes that means stocks too. But I wouldn't expect a glorified bank teller to know this... |
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| Originally posted by colonelcrisp for all of you skeptics of stock market investment... I bought 1100 shares of Ford Motor last year at around a buck a share. its trading at 8.27 right now..... the colonel profits! |
does this mean you will get a bj? sorry man had to, enjoy your finances.
Re: Re: Re: Re: The economy is improving
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| Originally posted by DOOMBOT Monetary inflation is the increase in the money supply. The increase in prices of goods and/or services would be the effect of that. |
Re: The economy is improving
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| Originally posted by Krypton The economy is improving |
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| Originally posted by Nrg2Nfinit i wish i was as fortunate. lol Im up overall and holding onto losses amounting to 800 dollars |
Re: Re: Re: Re: Re: The economy is improving
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| Originally posted by Krypton No shit, I wasn't defining inflation.. |
Re: Re: Re: Re: Re: Re: The economy is improving
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| Originally posted by DOOMBOT You weren't? Then why did you begin your sentence with, "Inflation means...", followed by your own small definition? |
More economic recovery news from today:
1) the services sector (80% of the American economy) contracted in July rather than expanded as expected.
http://www.cnbc.com/id/32296019
2) Planned layoffs (for the upcoming future) by businesses are up 31%, even though it's being reported that job losses have slowed in July... with the unemployment rate to reach 10.2% soon.
http://money.cnn.com/2009/08/05/new..._cuts/index.htm
3) If the recession is over and the stimulus is working, why is this happening: "The Senate yesterday passed a $124.3 billion agriculture spending bill that pays to add millions of people to the food-stamp rolls as rising numbers of the jobless are forced into the program. A record 34.4 million people -- or one in nine Americans -- were participating in the food-stamp program as of May. That's an increase of 650,000 people from the previous month and up 6 million from the same time last year."
http://www.google.com/hostednews/ap...0QpfqgD99SBHLO0


Guys, you should totally invest all of your money into the stockmarket, the criminals who caused this problem in the first place are gone, I swear its totally safe now.
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| Originally posted by iTranscendence Guys, you should totally invest all of your money into the stockmarket, the criminals who caused this problem in the first place are gone, I swear its totally safe now. |
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| Originally posted by The17sss More economic recovery news from today: 1) the services sector (80% of the American economy) contracted in July rather than expanded as expected. http://www.cnbc.com/id/32296019 2) Planned layoffs (for the upcoming future) by businesses are up 31%, even though it's being reported that job losses have slowed in July... with the unemployment rate to reach 10.2% soon. http://money.cnn.com/2009/08/05/new..._cuts/index.htm 3) If the recession is over and the stimulus is working, why is this happening: "The Senate yesterday passed a $124.3 billion agriculture spending bill that pays to add millions of people to the food-stamp rolls as rising numbers of the jobless are forced into the program. A record 34.4 million people -- or one in nine Americans -- were participating in the food-stamp program as of May. That's an increase of 650,000 people from the previous month and up 6 million from the same time last year." http://www.google.com/hostednews/ap...0QpfqgD99SBHLO0 |
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| Originally posted by The17sss More economic recovery news from today: 1) the services sector (80% of the American economy) contracted in July rather than expanded as expected. http://www.cnbc.com/id/32296019 2) Planned layoffs (for the upcoming future) by businesses are up 31%, even though it's being reported that job losses have slowed in July... with the unemployment rate to reach 10.2% soon. http://money.cnn.com/2009/08/05/new..._cuts/index.htm 3) If the recession is over and the stimulus is working, why is this happening: "The Senate yesterday passed a $124.3 billion agriculture spending bill that pays to add millions of people to the food-stamp rolls as rising numbers of the jobless are forced into the program. A record 34.4 million people -- or one in nine Americans -- were participating in the food-stamp program as of May. That's an increase of 650,000 people from the previous month and up 6 million from the same time last year." http://www.google.com/hostednews/ap...0QpfqgD99SBHLO0 |
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| Originally posted by Krypton The recession isn't over, but it's apparently obvious the worst is over. A few months ago we were worried about a systemic financial collapse. The markets are rallying because of the belief that the worst of the recession is over and also the influx of liquidity. |
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