More bad economic news

2001400ex

https://www.yahoo.com/finance/news/video-dollar-climbs-yuan-slides-052935884.html

Seriously, NASDAQ at a 15 year high. Wtf? Time for the crash.

doogsinparadise

Rich get richer, is that what you mean?

2001400ex

And anyone with a 401(k) or IRA. I know mine is up since October 2009 (I was late to putting my money back in the market)

HoustonHusky

Median incomes dropping and companies propping up their stock price by borrowing cheap and buying back shares. One of many cases in point...

Sounds like a sustainable business model...

2001400ex

HoustonHusky said:

Median incomes dropping and companies propping up their stock price by borrowing cheap and buying back shares. One of many cases in point...

Sounds like a sustainable business model...

Here's the full picture of HP. What's your point?

http://www.statista.com/statistics/264922/number-of-employees-at-hewlett-packard-since-2001/


How long has zero hedge been predicting doom and gloom? And has it actually happened? Thats what I thought.

HoustonHusky

So median incomes haven't been sh!tty under Obama? So the Shiller index isn't way above average? Or even Buffet's measure? So companies aren't borrowing money to buy back shares ("Bloomberg: S&P 500 Companies Spend Almost All Profits on Buybacks"...sounds like what healthy businesses do in a growing, "booming" economy)

So HP hasn't been laying off thousands upon thousands of people yearly in Obama's wonderful, booming economy (Link, with another 41,000 in 2014)?

The rich get richer and the average American isn't seeing it...you know, everything Obama campaigned on.

Keep *Gurgling*

doogsinparadise

HoustonHusky said:

So median incomes haven't been sh!tty under Obama? So the Shiller index isn't way above average? Or even Buffet's measure? So companies aren't borrowing money to buy back shares ("Bloomberg: S&P 500 Companies Spend Almost All Profits on Buybacks"...sounds like what healthy businesses do in a growing, "booming" economy)

So HP hasn't been laying off thousands upon thousands of people yearly in Obama's wonderful, booming economy (Link, with another 41,000 in 2014)?

The rich get richer and the average American isn't seeing it...you know, everything Obama campaigned on.

Keep *Gurgling*

If you haven't noticed, this has been happening for a lot longer than Obama's two terms. Why do disgruntled democrats like to call him a moderate Republican?

It's as Gil Scott Heron sang, "when the producer names the tune, the consumer has got to dance."

And that was in the 80s.

unfrozencaveman

Jesus, the Tug is hopping tonight

The only thing I would say to Hondo is make sure you know the difference between nominal and real gains. ZIRP has a way of making things "cloudy" so to speak. Short run nominal gains do not necessarily equal long term real success and getting the USA back on track