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3 months in and Joe's economy can't hold the rock...Ends Worst Week Since 2020

Drumcollie

* See DC's list of Kook posters*
Stock Market Today: Nasdaq Sinks Again, Ends Worst Week Since 2020

Stocks ended the holiday-shortened week (markets were closed Monday for Martin Luther King Jr. Day) how they started it – deep in the red.

And, as with Tuesday's trading, the bearish catalyst today was corporate earnings; specifically, dismal results from streaming giant Netflix (NFLX, -21.8%), which reported lower-than-expected subscriber numbers for its fourth quarter and forecast slowing subscriber growth in Q1.


Stock Market Today: Nasdaq Sinks Again, Ends Worst Week Since 2020 (msn.com)

This will be on Joe. Can he install faith in the Market? Let us not forget that the Speaker is responsible for the economy and the combination looks like 2009 all over again. The way to restore the markets is to elect Republicans in the Midterm and if the Market place can regain without government funding (Build Back Whiter) ...Err Joe's plan and put back Trump tax cuts to spur the market. And on the other point of view, if Joe can handle his business and instill confidence in the marketplace, good for America and for Joe. I have doubts that there is any chance that Joe can, without throwing our tax dollars at companies that support Joe. It all lefty knows to do.

What are your thoughts?
 

middleview

President
Supporting Member
Stock Market Today: Nasdaq Sinks Again, Ends Worst Week Since 2020

Stocks ended the holiday-shortened week (markets were closed Monday for Martin Luther King Jr. Day) how they started it – deep in the red.

And, as with Tuesday's trading, the bearish catalyst today was corporate earnings; specifically, dismal results from streaming giant Netflix (NFLX, -21.8%), which reported lower-than-expected subscriber numbers for its fourth quarter and forecast slowing subscriber growth in Q1.


Stock Market Today: Nasdaq Sinks Again, Ends Worst Week Since 2020 (msn.com)

This will be on Joe. Can he install faith in the Market? Let us not forget that the Speaker is responsible for the economy and the combination looks like 2009 all over again. The way to restore the markets is to elect Republicans in the Midterm and if the Market place can regain without government funding (Build Back Whiter) ...Err Joe's plan and put back Trump tax cuts to spur the market. And on the other point of view, if Joe can handle his business and instill confidence in the marketplace, good for America and for Joe. I have doubts that there is any chance that Joe can, without throwing our tax dollars at companies that support Joe. It all lefty knows to do.

What are your thoughts?
really? The president is responsible for netflix subscriber numbers?
 

Raoul_Luke

I feel a bit lightheaded. Maybe you should drive.

Bugsy McGurk

President
Stock Market Today: Nasdaq Sinks Again, Ends Worst Week Since 2020

Stocks ended the holiday-shortened week (markets were closed Monday for Martin Luther King Jr. Day) how they started it – deep in the red.

And, as with Tuesday's trading, the bearish catalyst today was corporate earnings; specifically, dismal results from streaming giant Netflix (NFLX, -21.8%), which reported lower-than-expected subscriber numbers for its fourth quarter and forecast slowing subscriber growth in Q1.


Stock Market Today: Nasdaq Sinks Again, Ends Worst Week Since 2020 (msn.com)

This will be on Joe. Can he install faith in the Market? Let us not forget that the Speaker is responsible for the economy and the combination looks like 2009 all over again. The way to restore the markets is to elect Republicans in the Midterm and if the Market place can regain without government funding (Build Back Whiter) ...Err Joe's plan and put back Trump tax cuts to spur the market. And on the other point of view, if Joe can handle his business and instill confidence in the marketplace, good for America and for Joe. I have doubts that there is any chance that Joe can, without throwing our tax dollars at companies that support Joe. It all lefty knows to do.

What are your thoughts?
It seems that Fox Noise and other winger propaganda outlets never told their zombies of all the record shattering market growth numbers under Biden. We heard not a peep about that from GOP cultists.

But now we have a dip in the markets, so they click their heels, yodel with joy, and shout it from the rooftops!

;-)
 

Dawg

President
Supporting Member
Stock Market Today: Nasdaq Sinks Again, Ends Worst Week Since 2020

Stocks ended the holiday-shortened week (markets were closed Monday for Martin Luther King Jr. Day) how they started it – deep in the red.

And, as with Tuesday's trading, the bearish catalyst today was corporate earnings; specifically, dismal results from streaming giant Netflix (NFLX, -21.8%), which reported lower-than-expected subscriber numbers for its fourth quarter and forecast slowing subscriber growth in Q1.


Stock Market Today: Nasdaq Sinks Again, Ends Worst Week Since 2020 (msn.com)

This will be on Joe. Can he install faith in the Market? Let us not forget that the Speaker is responsible for the economy and the combination looks like 2009 all over again. The way to restore the markets is to elect Republicans in the Midterm and if the Market place can regain without government funding (Build Back Whiter) ...Err Joe's plan and put back Trump tax cuts to spur the market. And on the other point of view, if Joe can handle his business and instill confidence in the marketplace, good for America and for Joe. I have doubts that there is any chance that Joe can, without throwing our tax dollars at companies that support Joe. It all lefty knows to do.

What are your thoughts?
My thoughts, Bugs don't report market drops anymore since Brandon is POTUS
 

middleview

President
Supporting Member
When his economic policy for his first year in office is paying people more to stay home than they could make working:

New COVID-19 Unemployment Benefits: Answering Common Questions | U.S. Department of Labor Blog (dol.gov)

2021 COVID-19 Supplemental Paid Sick Leave FAQs (ca.gov)

Then yeah, he kind of is.
From your link:
In March 2020, the president signed the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provided Americans with new and expanded unemployment insurance (UI) benefits if they’re out of work for reasons related to the pandemic. These benefits were recently updated and extended when the Continued Assistance for Unemployed Workers Act of 2020 (Continued Assistance Act) was signed into law by President Trump on Dec. 27, 2020.


1. The fact is that more people at home would be good for netflix.
2. The stock dropped because they didn't have as many new customers as they might have had.
3. The fact is that the Cares act expired on July 31, 2020...
4. The Continued assistance program expired March 14, 2021.

 

bdtex

Administrator
Staff member
It's a good time to buy. If you're that concerned about it, sell everything and put it is a nice safe savings account.
 

Raoul_Luke

I feel a bit lightheaded. Maybe you should drive.
From your link:
In March 2020, the president signed the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provided Americans with new and expanded unemployment insurance (UI) benefits if they’re out of work for reasons related to the pandemic. These benefits were recently updated and extended when the Continued Assistance for Unemployed Workers Act of 2020 (Continued Assistance Act) was signed into law by President Trump on Dec. 27, 2020.


1. The fact is that more people at home would be good for netflix.
2. The stock dropped because they didn't have as many new customers as they might have had.
3. The fact is that the Cares act expired on July 31, 2020...
4. The Continued assistance program expired March 14, 2021.

I said the "POTUS" - that covers both Trump and Brandon. Yes, the fact is that people are now being forced to go back to work, so Netflix subscribers are down. What part of this is so hard for you to understand?
 
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