The US Market, Economy in Flux
- Thread starter Ocean Breeze
- Start date
Boomers retiring = huge section of the population. That means healthcare costs will rise, less consumerism, etc. and with tariff wars continuing, the deficit skyhigh, the nat'l debt skyhigh (spending a bundle and a half just to service the debt) the immediate future looks not-so-good over there.
https://www.forbes.com/sites/johnmauldin/2018/11/29/a-worldwide-debt-default-is-coming/#1b1fcc83153e
https://www.forbes.com/sites/johnmauldin/2018/11/29/a-worldwide-debt-default-is-coming/#1b1fcc83153e
A new debt surge — from corporations this time — poses risks to economy
The danger isn’t immediate. But some regulators and investors say the borrowing has gone on too long and could send financial markets plunging when the next recession hits.
source: WAPO
Gods... that depends on who you ask. There are ART's out there (Animal Right's Terrorists) who don't want people to have pets at all, and think all pets should be free of humans.
If 2008 taught us anything it taught us that the more debt you carry the more bailout you receive.
speaking of bailouts...
Fed pumps $70 billion into markets
https://www.wsj.com/articles/fed-pu...-liquidity-into-financial-markets-11575474993
because the markets are so strong and the economy is booming they have only had to cut rates three times and provide $70 billion in bailout cash.
maga
Fed pumps $70 billion into markets
https://www.wsj.com/articles/fed-pu...-liquidity-into-financial-markets-11575474993
because the markets are so strong and the economy is booming they have only had to cut rates three times and provide $70 billion in bailout cash.
maga
U.S. stock markets set to end year near record highs, capping 10-year stretch that ranks as one of the best in U.S. history
The Standard & Poor’s 500-stock index, which tracks the biggest American companies, has enjoyed a total return of about 256 percent, or 13.5 percent annually, since the beginning of 2010.
source: WAPO
Minimum wage increases fuel faster wage growth for those at the bottom
The United States’ lowest-paid workers are seeing their paychecks rise at the fastest pace in more than a decade as half the states have raised their minimum wage. Some Republicans argue the raises are the result of President Trump’s tax cuts.
source: WAPO
Good . Who really cares , if lower earners have more income it is better for everyone .
Dow closes down almost 800 points, as investors gird for more economic fallout from the coronavirus outbreak
The Federal Reserve's emergency rate cut on Tuesday did little to stabilize the stock market. There are growing signs that the economic impact of the coronavirus will last much longer than initially expected, and global leaders are still searching for ways to address the health and economic challenges.
source: WAPO