Showing posts with label Dow Jones. Show all posts
Showing posts with label Dow Jones. Show all posts

Thursday, March 19, 2026

The real fake news

Multiple Iranian sources including their Foreign Minster stating that the Trump admin is planting false stories to Axios reporters Barak Ravid and Marc Caputo about peace talks in order to manipulate oil and financial markets.

[image or embed]

— Ron Filipkowski (@ronfilipkowski.bsky.social) March 16, 2026 at 5:33 PM


Fuck Donald Trump

Peace,
emaycee
 

Sunday, February 15, 2026

Their priorities

Sure, child sex trafficking is bad. But did you know the Dow is doing well?

— Ron Filipkowski (@ronfilipkowski.bsky.social) February 11, 2026 at 6:14 PM


Fuck Donald Trump

Peace,
emaycee
 

Thursday, July 17, 2025

If Trump does this, we may see the market crash to end all market crashes

President Donald Trump told a room full of Republican lawmakers that he will fire Federal Reseve Chairman Jerome Powell, after receiving approval from them to make the move, a senior White House official told CNBC.

[image or embed]

— CNBC (@cnbc.com) July 16, 2025 at 11:30 AM


Fuck Donald Trump

Peace,
emaycee
 

Saturday, June 7, 2025

Vomit inducing

It makes me feel sick knowing so many Americans believe him

[image or embed]

— Rick (@rickylongthread.bsky.social) May 30, 2025 at 9:57 AM


Fuck Donald Trump

Peace,
emaycee
 

Thursday, December 19, 2024

Is the Trump slump beginning?

They’re starting to realize what the next four years have in store…

[image or embed]

— Christopher Webb (@cwebbonline.com) December 18, 2024 at 5:09 PM


Fuck Donald Trump

Peace,
emaycee
 

Wednesday, June 19, 2024

BOOM!


Republicans = Nazis

Peace,
emaycee
 

Sunday, May 19, 2024

Dow 40,000--and fuck you, Donnie


Republicans = Nazis

Peace,
emaycee
 

Saturday, January 27, 2024

The Biden Boom continues unabated


Republicans = Nazis

Peace,
emaycee
 


 

Wednesday, January 17, 2024

Up, up, and away with Biden


Republicans = Nazis

Peace,
emaycee
 

Tuesday, December 19, 2023

Another historic economic victory for President Biden


Republicans = Nazis

Peace,
emaycee
 

Sunday, December 26, 2021

Joe Antoinette


Republican = Racist

Peace,
emaycee
 

Saturday, November 13, 2021

Just one more media failure


Republican = Racist

Peace,
emaycee
 

Saturday, November 6, 2021

What the fucking fuck?


Republican = Racist

Peace,
emaycee
 

Monday, July 6, 2020

Magical thinking

For those of you who don't have the time to pay attention, the Dow Jones Industrial was up over 450 points today.  Not being a millionaire or billionaire (who own 90% of the stocks in our markets) or a day trader, I have no idea if this increase is merited.  It very well may be.

But I do know this--it is high past time for Americans to realize that the stock market is in no way reflective of how good--or bad--the economy is doing, and in turn, how well we average Americans, who have little more than our 401ks in the market (and can't be touched without significant tax penalties until we're 59), are taking care of ourselves and our families financially.  Today's stock market increases are not indicative of the current state of our economy or its future.  To wit:
  • First off, the market is being propped up right now by the Fed because of the coronavirus--they are buying up bonds to help keep it afloat.  It's keeping the markets from collapsing, but strong economies don't need propping up.
  • Despite Putin puppet Donald Trump's claims, the jobs market is a mess.  The jobs being created are not new jobs--they are people going back to work because we have reopened the economy in many places.  Unfortunately, as the Fed has noted, millions more of these lost jobs are not coming back.  Worse, as states are being forced to close down establishments because they rashly reopened too quickly, those jobless numbers are only going to go up.
  • An unemployment rate over 11% is the worst in America since the Great Depression.  Good economies do not have record unemployment.
  • While many are crowing over strong retail sales...they had no place to go but up.  People have been stuck at home for months and had budgetary reserves that could be spent.  That extra money is going to revert to normal in a couple of months as people spend it--meaning retail sales will also come back down to earth.
  • Speaking of, republicans and the Chamber of Commerce are convinced we're not going back to work because of the $600 stipend to unemployment benefits (my guess is both are more concerned about Corporate America being able to keep its slave labor--who the fuck can survive on minimum wage?) and will let it end on July 30th.  As thirty million Americans watch their family's income shrink by two-thirds (after taxes unemployment benefits are $250-$300 a week at best), what kind of an idiot do you have to be to believe retail sales aren't going to shrink as well?
  • Finally, the coronavirus is showing absolutely no sign of abating, and with Donald Trump telling Americans they need to learn to live with it, it will not in the near future either.  No coronavirus turnaround, no economic turnaround.  Millions of people (especially older folks who have a guaranteed income with Social Security) are still staying home, and as people who are still working realize this past month's job numbers are as good as they're likely to get for a while, they're going to spend less, too, because they're going to be worried about how much longer they'll have their jobs.
Wall Street can blow out the cake's candles all they want, but wishing won't make the economy magically get any better.

So the stock market's numbers will continue to go up...but remember that it's really just Vegas for rich people with rigged slot machines, and in no way reflects our current economy.

Fuck Donald Trump,
emaycee

Wednesday, January 4, 2017

A special kind of stupid, Part II

Your typical business reporter

Fox News.  The Wall Street Journal.  Fortune.  Larry Kudlow.  CNN.  Maria Bartiromo.  The New York Times.  The Washington Post.  Investor's Business Daily.

They all--every single one of them--have been proclaiming the wonders of the stock market's Trump Rally (it's up 8.2% since Oompa Loompa won the Electoral College).

Know what else they all have in common?  Every single fucking one of them was completely and utterly fucking clueless when the economy collapsed in September of 2008.

And such cluelessness might explain why none of them were touting the 11,000 points (+ 137%) the stock market gained during President Obama's eight years in office.

And it's also the reason I moved all of my 401k money into the most conservative fund I could find the day after the election.

Tune out the oblivious talking heads, folks--just because a tsunami is coming doesn't mean we all have to drown.

Fuck Donald Trump,
emaycee

Tuesday, June 28, 2016

Worst. President. Ever.

...was a bumper sticker I recently saw on a beat up old white van, with an Obama logo, right next to a "Trump for President" sticker.

Which got me to thinking:
  • More Americans covered with health insurance than at any time in our nation's history
  • Stimulus package which saved the U.S. economy
  • Saving the auto industry
  • Lily Ledbetter Fair Pay Act
  • More jobs created than any President in the last fifty years, save fellow Democrat Bill Clinton
  • Dow Jones more than doubled since President Obama took office
  • Federal deficit cut in half
  • Marriage equality is now the law of the land
  • Don't ask, don't tell in the ash heap of history
  • Iced Osama bin Laden
  • Paris climate accord
  • Treaty with Iran
  • Normalization of relations with Cuba
Here's hoping Hillary Clinton is even worse.

Peace,
emaycee