Positive news for America from President Biden and the Democrats

Under President Biden and the dems the stock market continues its upward climb to unprecedented levels!

democrats !!! 

US wholesale inflation DROPPED
to just 0.9% annually in November

New York CNN —

       Tumbling energy prices helped to bring US
wholesale inflation down below pre-pandemic levels
and to its second-lowest rate this year!!

@fubah2

 Not really accurate with the ultra cheerleading, that is year over year and the previous year was quite a doozy so in reality inflation is HIGHER year over year just not massively higher. Make sure your facts are accurate and not cut and paste crap from some site that lacks context.

I was expecting a decline year over year actually, and if you move out all the high beta parts what matters most is the core not what used car prices or rents are doing, those jump around too much to have proper context IMO.

The Producer Price Index, which measures the average price changes that businesses pay to suppliers, rose at a slower pace of 0.9% for the 12 months ended in November, down from a 1.2% annual increase in October, according to Bureau of Labor Statistics data released Wednesday.

Economists expected PPI to inch up 0.1% from October and rise 1% on an annual basis, according to Refinitiv estimates.

  More positive news to come...

DOW surges to record high! Over 37,000!

Biden crime family....

From where I come from they say it this way ….

straight gangsta 

@fubah2

 Saw that too, the PPI of course is a completely different animal that is what businesses pay for raw goods and materials which are then turned into stuff we consume and that later when the dust settles is CPI, so the PPI being a little lower is also a bit of a letdown, that means inflation will not be dropping super fast since the PPI plus labor, manu costs and greed-flation equals CPI components.

PPI being lower means that businesses make more profits and are not necessarily going to drop prices unless demand drops and forces their hand. With hopefully supply chain issues getting better you would want strong declines in PPI, the chart on that PPI is nuts, big moves up after Covid and still not a solid move down yet...but if consumer demand is softening then businesses will slow production and then the PPI should drop more, they are all connected in base case.

November’s minimal 0.9% rise is also well below
the 2011 to 2019 average of 1.68%, BLS data shows.

Sorry wall but apparently you do not exist .

he’ll dance with you , but only in private , so expect another PM 

@Zeus4par

 Not interested in this either actually...you chiding makes things worse.

Love it.  Positive news in our economy  is positive news even if not super fantastic! 

Oh brother . The cheerleading continues . But perhaps nobody’s noticed that there’s a new wallstreet in town , and from what I can see , it looks like he wants to clean things up around here . 

Appreciate the demeanor brother

And I also appreciate seeing conversations that go back and forth , where either the participants learn something , or I as the reader do .

and with the roadblocks in here slowing down any and all momentum , it’s been a real drag .

you’re one tough hombre 

More courage and discussion and less prejudice 

With the exception of  a small handful of forum members (myself included) who are not MAGA and who do strive to post "some" positive trending content when possible, almost everything else posted here is MAGAstyle pessimism, vitriol, skepticism, and dullard negativity. 

In 2020, Trump once said that if Biden is elected president, US stock market would crash.  Instead Dow climbs above 37,000 for the first time ever and S&P is close to all time high.

Positive news for MTG ! You go girl!

https://twitter.com/JoeBiden/status/1681424737384435713

I endorse her message!    

    but,  but,  but,    HUNTER f**king BIDEN!!!!! 

I stopped addressing the financial illiteracy of this sub forum long ago 

When the clown posse continues to promote 1+1 = 5 squared thinking, there really is no point of even discussing.  This sub forum is a complete joke and 100% representative of what is wrong with world.....those promoting depopulation might actually be on to something....

Reminds me of a great quote from the great esteemed philosopher, Mr. Keanu Reeves....

"I'm at the stage in life where I stay out of discussions.  Even if you say 1+1=5, you are right.  Have fun."