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S& P Above 4,000
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Replies: 6
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S& P Above 4,000


Apr 1, 2021, 5:09 PM

This only a day after the President doubles down on spending with his 2+ Trillion Dollar infrastructure plan which will necessitate a hefty incoming bill for everyone but especially the corporations which comprise this market.

I've always been lectured by the wonks here that the markets would crash on this kind of news and that the big Liberal spendies would be a disaster for our economy.

Are y'all still down there in the underground bunker with Peter Navarro & Lar Kudlow, clutching your fake pearls?

Please forgive my gentle trolling. Actually, on second thought, y'all probably deserve it, so never mind, I'll see ya in another month or two. He he He.

https://www.nbcnews.com/business/markets/s-p-closes-above-4-000-first-time-n1262778
S&P 500 closes above 4,000 for the first time
The S&P 500 closed above 4,000 for the first time on Thursday, after President Biden's massive infrastructure plan boosted confidence in the economic recovery.
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Re: S& P Above 4,000


Apr 1, 2021, 5:33 PM

Haven't you learned not to post market I-told-you-sos? This guarantees a crash sometime in the near future.

But, seriously, the market is up because all the consumer money that is getting ready to be spent. Wall Street doesn't care so much about long term financial problems of the country. They care about this Q and next Q.

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Re: S& P Above 4,000


Apr 1, 2021, 5:44 PM

https://pbs.twimg.com/media/Ex4_EEWXMAIQxVv?format=jpg&name=medium

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Re: S& P Above 4,000


Apr 1, 2021, 9:35 PM [ in reply to Re: S& P Above 4,000 ]

If a family loads up a dozen credit cards life is good and the money is rolling. Six months later......... uh oh.

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Re: S& P Above 4,000


Apr 2, 2021, 6:48 AM [ in reply to Re: S& P Above 4,000 ]

So basically, things are just like the Trump era where massive government spending kept the markets up. Correct?

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Re: S& P Above 4,000


Apr 1, 2021, 9:24 PM

Cool, so I’ll make a few extra dollars and get taxed a few thousand extra dollars?

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Re: S& P Above 4,000


Apr 2, 2021, 7:07 AM

First you would have to have a job.

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Falsehood flies, and truth comes limping after it, so that when men come to be undeceived, it is too late; the jest is over, and the tale hath had its effect: like a man, who hath thought of a good repartee when the discourse is changed, or the company parted; or like a physician, who hath found out an infallible medicine, after the patient is dead.
- Jonathan Swift


Replies: 6
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