2024: Reasons for optimism under Democrat admin

@KellyM_1964

 Good to see, as I am sure most Americans are pleased!

Seems to be some positive movement again today, although I was expecting some selloff.

My DOW and my S & P 500 both finish the week UP! 

All three indices UP once again today!

   May 15:    RECORD stock market highs!!!

S&P 500, Nasdaq and DOW all hit record highs after encouraging inflation data!

 A few in here have mentioned the use of government buildings in need of repair as a means of dealing with our homelessness problem. 

In Massachusetts the governor has decided to rennovate an old prsion that will serve as a "stop-gap" housing answer for some. Their length of stay is limited to 9 months & if they can't get their shit together by then, they will be back out on the streets. Some will apply for a 90 day extrension that in my mind must absolutely be denied. When fixed the building will house 140 families.

The building has been sitting there empty for 8 years! I'm glad it's now going to be used for short term housing.

About half of the homeless in Massachusetts are newly arrived immigrants which will certainly have the right go..

My DOW and my S&P 500 both UP again today!

The stock market is at 40,000 and there have been 15 million new jobs created under Biden (vs. 3 million lost under Trump, who also rang up $8 trillion in debt during his four horribly turbulent years). Plus, I like going to bed knowing that our president didn't spend the day trying to antagonize other countries that have nuclear weapons. So I will be VOTING BIDEN.

@joe pockets

  Yep.  Market doing well for our 401ks and other investments.  Unemployment at record lows. No recession in sight.  Record oil producer.  Best economy handling worldwide inflation of nearly all western nations.  CHIPS manufacturing returning.  Infrastructure monies handed out to the states for them to make improvements happen across America. Incumbent president is not guilty of sexual assault, not guilty of lying about affairs with multiple porn stars, not indicted on serious federal crimes and not charged and convicted of fraud.

I'll vote against the fascist MAGAtt once again too. 

@Zeus4par

 me too !       hoping we have learned the lesson of history from over 85 yrs ago in europe

The markets ended the week on an upward note! 

 Americans are feeling better about the economy

Washington CNN —

Americans’ attitudes toward the economy
improved this month for the first time since
January, thanks to better perceptions of the job market.

The Conference Board’s Consumer Confidence Index
for this month climbed to a reading of 102,
up from 97.5 in April.
Americans of all age groups felt better about the economy,
the survey noted. That’s after consumer confidence declined
in each of the prior three months.

NASDAQ crosses and closes over 17,000 for first time ever! 

 dow up again today !  

and prediction is jobs report will have small numbers again  !! 

this will help a little toward lowering interest rates happening  and better overall for us economy

not fantastic      but  optimistic  

@KellyM_1964

 Pundits saying it is leaning toward positive news overall, which should be welcome news.

The US economy added a blockbuster 272,000 jobs in May

 the Labor Department reported Friday.

That data far outpaced economists' expectations for 180,000 jobs!

New York
CNN —

The numbers are in and the hot takes have been tweeted:
Inflation is cooling, the stock market is humming right along,
wages keep going up and jobs abound.
Blessings upon this economy!

Another positive sign for consumers:
Wholesale inflation ticked down last month!

Markets up again today!!! 

Mexico president praises Biden plan to put undocumented immigrants on pathway to legal status and citizenship.  About half a million spouses of US citizens qualify if they lived in the US for at least 10 years.  Also 50,000 immigrants who graduated from US colleges can apply for work visas.  These are the most significant protections against deportation and family separation since DACA program under Obama.  This is a victory for American families and economy.

Of course they do — they do not want them either. 

all 3 markets up nicely again wednesday !  

@KellyM_1964

 all 3 markets up nicely again wednesday ! 

All 3 markets were closed Wednesday.....   

easy to confuse the days though..... https://www.standard.com/individuals-families/workplace-benefits/retirement/stock-market-and-bank-holidays  

Mortgage rates fell this week to their lowest level since early April, taking some pressure off America’s unaffordable housing market.