/biz/ - Business & Finance

>>55714421
Fake and gay artificially pumped market. Wait until after election season next year, the crash will be beyond your wildest nightmares. The longer they keep this shit up, the worse it will be for everyone. Well, (((almost))) everyone.

>>55714421
>Repeat after me:
COM PLA CEN CY!

>>55714445
GDP grew 5% this year as well, doomers never have anything to say other than vague conspiracies

>>55714421
I cannot afford groceries

>>55714461
>GDP grew 5% this year
>experts say
>analysts say
>research shows
>sources conclude

>>55714421
i must be an investing genius cause I just did the opposite of what the news told me to

>>55714421
Finally things are returning to normal!

>>55714461
>GDP, CPI, [Insert manipulated index here]

Nice one kike, not bitting this time.

>markets up
>trade up
>inflation down (probably gonna hit 2% before the end of 2024)

Yeah, we're so fucking back.

>>55714445
>Wait TWO MORE WEEKS, the crash will be beyond your wildest nightmares.

>>55714466
Stop being poor.

>>55714461
>GDP grew 5% this year
No it didnt, dumbass

>>55714879
No one has any money. Without deflation there has been irreparable damage to burger purchasing power. There is no money to buy magic internet beans when you struggle to afford beans and rice.

>>55714421
how is nasdaq climbing when life is so expensive. i dont undsrstand

When crypto ffs, I'm still down -96%. This subhuman space dumped because of the stock market yet fail to recover with it

>>55714954
FAGMAN stonks go up so line go up. They will enslave us. The dystopian future we memed about is becoming a reality. It's like /o/ and modern car memes. We meme magic into reality and only realize the horror later. It's like they browse our boards to tailor a hellscape just for us.

>>55714421
Crypto chuds.. they're making money while we stagnate or lose money. What's going on???

>>55715004
first bear?

>>55714421
it went down in june?

>the rich are still making money and we redefined recession. This is good

>>55714421
Boomers retiring no way this shit is dumping not even a pullback, all these companies are firing on all cylinders, record profits, you doomers are pathetic wishing for pain and suffering for the wealthy investing class is cringe.

Leading indicators are dogshit but it's anyone's guess when that will sink in.

>>55715345
This guy gets it. Who cares if millenials and zoomers are completely ass fucked. Boomers will surf on their investments and raise the prices accordingly.

>>55714920
https://www.cnbc.com/2023/07/27/gdp-q2-2023-.html
Ok, 2.4% this quarter. Still contradicts any evidence that we’re headed for a recession

>>55715644
You know they revised the negative quarters before releasing this new quarte. You they also have been doing thr dame thing with job numbers and rewriting old bad ones to better ones based on some new metrics they came up with. You are seeing history being rewritten right in front of your eyes. We live in the era of state sponsored gaslighting. It's literally 1984. We're living it. It's happened.

>>55715345
Exactly. All the people sitting on the sidelines waiting for the most anticipated recession in history are going to keep losing. If there's one thing I've learned over the years it's that doomers are always wrong

>>55716042
Shotted. Cant wait to turn you into a meme

>>55714954
>money inflates
>"we have to increase prices"
>increase prices by more than inflation
>profit

>>55714445
>there has to be a decline because le trannies!

>>55714466
Checked. I can’t either. They keep saying this is rain on my back and the economy is strong

>>55714445
>he doubts the power of Bidenomics™
imagine sitting on the sidelines while the golden bullrun is kicking off

>>55714932
Yeah they do. Everyone is as fat and retarded as ever. Shartmart was packed when I got off work.

>>55714445
Behold everyone, this is what true pain looks like. Poor Bobo LMAOOO

>>55714421
You know this is the sort of "portentous warning" they tend to publish before stock market crashes, and then as cautionary tales to be derided as products of an ignorant time in history books?

>>55714461
>everything costs 20% more
>the sum total of money changing hands increased
WE DID IT GUYS WE SAVED THE ECONOMY!!!!

>>55716534
>bitcoin to $50,000
>gas to $150/gallon
>12 eggs to $50
Woaw big numbers!

>>55714445
OK, so another 15 months of bull market? Fuck yeah.

>>55714421
Exit pump.

>>55716580
We have everything we need and more. Inflation is cooling. There’s literally no bubbles to pop besides real estate which would be instantly propped up by the desperate people that make decent money but were priced out of the housing market. There’s a new gold rush industry in AI and we’re making our own micro-processor factories soon. We already spent the largest stimulus bill ever and have it factored in our budget but haven’t even started to reap the benefits in any capacity yet. Jobs are finally paying living wages basically everywhere if you can get a job. I wish I got out of high school in a time like this. The future is so fucking bright I gotta wear shades, anon. The skies are finally clear again! Happy days are finally here again! Happy days are here again!

>>55718059
Go to bed Kamala

>>55718059
>>55718064
It says his name is 'Sean'.

My grocery bill has tripled. My insurance premiums have increased. My fuel costs have increased. My rent has gone up. My wage is the same.

Every single facet of my life costs much more now than it did 3 years ago, and i’m supposed to pretend the economy is good?

You’re a fucking nigger.

>fake and gay goverment
>fake and gay dollar
>fake and gay goods and services
>fake and gay banks

>>55718059
Wages have stayed the fucking same. Shut the fuck up and kys

>>55714472
Meanwhile, you pull it directly out of your ass

>>55714461
GDP is good if you're a kike faggot that lives ontop of slave goyim. If you're a real human and want your people to grow what you need is prosperity. Rampant growth for its sake is not equivalent to prosperity.

THAT'S NOT THE NASDAQ CLIMBING THATS THE US DOLLAR CRASHING

>>55718064
I’m not saying we have our debt completely under control but accumulating debt to grow faster is peak performance.
>>55718166
I don’t know where you live but basically children are making like $15/hour where I live and surrounding states now for working as clerks. You might not feel rich but prices feel not so different than 10yrs ago when people were getting paid $7-$10 an hour. I felt like killing myself back then.

>>55714421
So why did they just hike rates again? I thought inflation was defeated thanks to Biden.

>>55717976
>bull market.
Sure. Stocks aren’t “going up” the dollar is just losing value.

>>55718275
and stocks going down is better when wages don't keep up with inflation anyway?
you know inflation going down doesnt mean prices go down, it just means prices go up slower than they were 6 months ago

>>55718233
>accumulating debt to grow faster is peak performance.
At this rate its called going broke
Debt is growing way faster than what they get out of it

>>55718295
We just need a few good years is all to get it back under control, but you ain’t completely wrong.

>>55718059
Glowy I hope you fucking rope.
Luckily Bidet isn't getting a second term.

>>55714421
Guess we are on that permanently high plateau now huh?

>>55716550
Shartmart has been closing retail stores because of this “recession prove” economy. So either you are a shill or a redshitt troon

>>55718343
I mean maybe I’m retarded but I have never been more optimistic about my financial future in my life than recently, and I make like an average amount of money. My girlfriend make like $15/hr as a clerk and she’s been saving a lot too. I used to want to live in any other first world nation. Now I’d only prefer to live in a Scandinavian country over America.

>>55718384
That's kinda racist you want to live in a country with no black people.

>>55718292
>you know inflation going down doesnt mean prices go down
it will when we enter deflation era

>>55718384
$15hr an hour, You feel safe.
Now I know you're a fucking liar for sure.
Fuck off Fed.

>>55718424
I mean that’s not why I would move there if the opportunity arose. Honestly I don’t even think I would move to one if given the chance. Young me wanted to live somewhere rich with social welfare to get me up and started in life. Old me wants to live in a rich place with low taxes. I think I’d rather live in Alaska at this point.

>>55714421
Stocks don't reflect the real economy you fucking retard faggot. Middle class people are starving under joeflation.

>>55714954
Because the wealthy woho profited massively off covid have nowhere else to park their excess money than indexes and real estate.

>>55718449
>my gf makes $15/hr
We also live in a more affordable part of America though. We’d be poor in New York City or CA.

>>55718454
>There is no inflation.
>Inflation is under control.
>Inflation is a good thing (and here's why).
>We need to raise rates (again) to combat inflation.
All of the above have been used together. But so long as you trust the experts and don't do any radical far right extremist thinking for yourself then everything is A okay.

>Currency inflates
>Therefore stock value also inflates
Simple as

>>55718493
Things are also generally recovering to pre-pandemic numbers. A lot of companies are still short of their all time highs over the last five years.

>>55718424
>No black people
>Scandinavia
Should we tell him?

>>55718292
Oh I know, I’m just saying when people start blowing their load over the market staying green, amid inflation, is pretty stupid and short sighted. The only time that it makes sense to do that is when the market’s gains outpace normal inflation, not when it slowly, but constantly goes up amid heavy inflation. And it is heavy, regardless of what the media says. All it means is that the dollar is losing value, and that the market “could” be losing value still, just not as fast as inflation devalues the currency it’s traded in.