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Economy getting stronger

Twister Frost

Well-known member
TSR said:
Twister Frost said:
Referring to the article, I'd say word choice speaks volumes: "handful of reports," and "incremental improvement" placed in parallelism with "two strong jobs numbers."

Incremental--"a small positive or negative change in the value of a mathematical variable or function" is equal to "thriving, developing well, and likely to continue so"
Handful--a small amount or number of people or things

Smoke and mirrors and twisting and twining numbers---

Well Twister you be pessimistic if you like, thats your prerogative. But with the word incremental you leave out "improvement" which takes the negative out of your posting. Incremental improvement is different than incremental no matter how you slice it. Teach your students to be objective whether it agrees with your views or not. BTW I have always enjoyed your posts.

TSR--I'm sure you read the definition that I used for incremental---it says positive or negative---improvement would be a positive, correct? Redundancy was never my forte, but I may have to start using it in order for my "followeres" to comprehend :lol: The point of the definition had to do with small positive increases equating to strong jobs numbers---obviously lost in translation---I will be more clear in the future! BTW--Objectivity has never been a problem for me, and I do not see that changing in the near future---
 
A

Anonymous

Guest
Steve said:
the stock market could hit 16000 and it wouldn't matter to those without a job...

besides.. this forum is fairly informed.. Do you Obama supporters actually think that even half the voters know what the DOW is? let alone what 13,279 or 200 points represents?

Not sure how many play the stocks - but I know a lot of employer/employee retirements are tied to it...

The thing I thank the Lord daily for- is that GW and the Repubs got shut down by the Dems- and never got the chance to put Social Security under/into the stock market/private economy or we would have thousands and thousands more seniors/retirees that lost all their private retirements in the Bush Bust that now only have SSI to fall back on- and would have nothing under the Bush idea and be living on the street... :(

And now we got Romney/Ryan wanting to do the same thing- and put everyone under a private plan :roll:
 

Steve

Well-known member
Incremental improvement

that means that in 2008 you lost your great job at Delphi.. ran out of unemployment and your darn glad for the landscaping job that pays the bills.. and may someday be a supervisor ..

and with the money you saved by not needing the gym membership you can now have pizza once a month..

yep things were worse and considering that,... sure it's a bit better..

incremental improvement explained..
 

Steve

Well-known member
The thing I thank the Lord daily for- is that GW and the Repubs got shut down by the Dems- and never got the chance to put Social Security under/into the stock market/private economy


do you ever tire of being wrong on an issue?

how can one person get so many facts wrong?

How much payroll tax would be diverted to individual investment accounts? President Bush indicated that eventually, workers would be permitted to invest up to a third of the 12.4 percent payroll tax that they and their employers pay on their wages. (Workers pay 6.2 percent and their employers pay the other 6.2 percent.)

How would individual accounts work? The accounts would be modeled on the Thrift Savings Plan -- a 401-k type program that is already available to government employees -- and centrally administered by the government.

Workers would have a choice of five broadly diversified index funds and a lifecycle fund, in which the portfolio grows more conservative as the investor nears retirement.

Annual contributions would be capped at $1,000 in 2009 and thereafter rise slightly more than $100 per year.

had anyone invested a $1000 in 2009, by all likelihood they would have done fairly well...

had I put $1000 on Citigroup in 2009,.. it was sitting at about $10, today it is at slightly over $31

a senior would have at least $3100 under bush on one of the hardest hit stocks..

if you invested in AIG in 2009.. you would have done even better.. :shock:
 

Tam

Well-known member
TSR said:
Oldtimer said:
Stocks rally on jobs reports and ECB plan

By Hibah Yousuf @CNNMoneyInvest September 6, 2012: 12:39 PM ET

NEW YORK (CNNMoney) -- A rally on Wall Street gained momentum Thursday as investors welcomed better-than-expected reports on the U.S. labor market and the European Central Bank's bond-buying plan.

The Dow Jones industrial average surged more than 200 points, or 1.8%. The S&P 500 and Nasdaq shot up about 2%.

The advance was broad, with all 30 components of the Dow moving higher. Bank stocks were leading the gains on the blue-chip index with shares of Bank of America (BAC, Fortune 500) and JPMorgan Chase (JPM, Fortune 500) soaring more than 4%. About 98% of the S&P 500 was trading in positive territory.

Speaking after a meeting of top ECB officials in Frankfurt, the central bank's president, Mario Draghi, reiterated his pledge to do "whatever it takes" to preserve the euro and said the ECB is prepared to make "outright monetary transactions," or OMTs, in the secondary market for euro-area government bonds.

The move is aimed at Spain and Italy, which struggled with unsustainable borrowing costs earlier this year, but will be available to all euro nations.

Related: ECB outlines bond-buying program

"The news out of Europe is boosting the market," said Jack Ablin, chief investment officer at Harris Private Bank. "It seems like investors were skeptical of the ECB being able to pull off unlimited bond buying authority, so that's really helping."

The ECB also left interest rates unchanged at 0.75% and lowered its outlook for economic growth in 2012. The central bank now expects the euro-area economy to contract between 0.2% and 0.6% this year.

On the domestic front, a handful of reports on unemployment and hiring showed an improvement in the job market. The latest week of jobless claims fell by more than economists had forecast, while companies expanded their payrolls more than expected in July.

Investors hope Thursday's data is a preview of what the U.S. employment picture looks like with Friday's monthly jobs report.

"We've been seeing incremental improvement in the U.S. economy, and it would be great to get two strong jobs numbers in a row," said Ablin.

---------------------

The Dow is up today 231.73 points (1.8%) at 13,279.21

On this date in 2008 the Dow dropped 443.48 points (-4.85%) closing at 8695.79


So someone tell me again how great things were back in 2008- and how much better off we were with GW at the helm :shock: :roll: :p :lol: :lol:

Otimer darn it, how dare you to post anything positive about the Dems on this site. Are you nuts, drank too much (I'm sure the Reps here are all tetotalers) or what??? :shock: :lol: :lol: :lol:

TSR the stock market went up today because of the European Bond sale what does that have to do with the jobs report that according to reports is going to say the US had 125000 new jobs that are not going to cover those entering the job force let alone those that have been setting on Unemployment. It is also going to say that the Unemployment rate is a steady 8.3 where it has been at for over 40 weeks. How is that good news for the Dems and their plans to kill more jobs with their new regulations and tax increases. Bill Clinton even knows you don't raise taxes in a down economy but if Obama gets a chance that is exactly what he is going to do. If Obamacare is not stopped there is going to be a handful of new taxes going into effect in the next four years. There is a reason Obama didn't want his plan to go into effect before 2013 it is because he knew once people saw all the new taxes and the effects of the $716 billion in cut to Medicare there was going to be a snow balls chance in H*ll he was going to get re-elected. I might add if Hillary thinks she is going to get elected in 2016 after Obamacare hits the country Well go luck with that one.
 

hopalong

Well-known member
Oldtimer said:
hopalong said:
Montana $3.62 for unleaded gas in Bozman today!!!
When obama took office it was $1.89 guess what oldtimer you lied! AGAIN,,
6.9% unemployment Boseman..
Hay prices at $200 a ton,
2008 was about $90 95 a ton...
Yep everything is better now right oldtimer???? :roll: :roll: :roll:

Come on up Hoppy- and I'll show you that "Bozman" (your mispelling) is 400 miles away-- and an entire different world from where I live...

You aew right oldtimer i did mispell and being 400 miles away Glascow
had gas yesterday for $3.79 Montana average $3.80..
What is it you want to show me,,,that you are lying???
http://www.montanagasprices.com/Glasgow/index.aspx
 

Steve

Well-known member
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Steve said:
the stock market could hit 16000 and it wouldn't matter to those without a job...

besides.. this forum is fairly informed.. Do you Obama supporters actually think that even half the voters know what the DOW is? let alone what 13,279 or 200 points represents?
 
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