The Economy, Stupid

[Tecumsehsbones]

The European economy, hobbled by unfamiliar weakness in Germany, is barely growing. China is struggling to recapture its sizzle. And Japan continues to disappoint.

But in the United States, it’s a different story. Here, despite lingering consumer angst over inflation, the surprisingly strong economy is outperforming all of its major trading partners.

Article

Don't worry. Trump'll fix that.

 

[Taxslave2]

The European economy, hobbled by unfamiliar weakness in Germany, is barely growing. China is struggling to recapture its sizzle. And Japan continues to disappoint.

But in the United States, it’s a different story. Here, despite lingering consumer angst over inflation, the surprisingly strong economy is outperforming all of its major trading partners.

Article

Don't worry. Trump'll fix that.

Strangely enough that might be a good idea.

 

[Tecumsehsbones]

Strangely enough that might be a good idea.

Of course. Economic sluggishness and stagnation is good for people whose only happiness in life is to bitch.

 

[Taxslave2]

Of course. Economic sluggishness and stagnation is good for people whose only happiness in life is to bitch.

Rampant inflation does n one any good. At least not us commoners.

 

[Dixie Cup]

The European economy, hobbled by unfamiliar weakness in Germany, is barely growing. China is struggling to recapture its sizzle. And Japan continues to disappoint.

But in the United States, it’s a different story. Here, despite lingering consumer angst over inflation, the surprisingly strong economy is outperforming all of its major trading partners.

Article

Don't worry. Trump'll fix that.

Ya, he'll make it better just like he did before Biden screwed it all up! It'll be interesting though cuz I don't know that Trump will win. I'm sure there'll be Shenanigans just like in 2020.

 

[Tecumsehsbones]

Ya, he'll make it better just like he did before Biden screwed it all up! It'll be interesting though cuz I don't know that Trump will win. I'm sure there'll be Shenanigans just like in 2020.

Yeah, a growing economy is "screwing up."

The numbers are clear. And irrelevant to slobbering MAGAhats.

 

[pgs]

Yeah, a growing economy is "screwing up."

The numbers are clear. And irrelevant to slobbering MAGAhats.

How much of that growth is driven by government spending borrowed dollars ?

 

[bob the dog]

The big % in growth relates to a small % of companies. Too much centralized power is no good

 

[Tecumsehsbones]

The big % in growth relates to a small % of companies. Too much centralized power is no good

Be interesting to see a cite on that.

 

[bob the dog]

Be interesting to see a cite on that.

Bernie Sanders was recently talking about it. Blackrock, Vanguard, and State were names mentioned.

 

[Tecumsehsbones]

Bernie Sanders was recently talking about it. Blackrock, Vanguard, and State were names mentioned.

That's not a cite. That's an old guy running his mouth.

 

[Dixie Cup]

Yeah, a growing economy is "screwing up."

The numbers are clear. And irrelevant to slobbering MAGAhats.

From the information I'm getting & reading, the economy sucks but whatever.

 

[Tecumsehsbones]

From the information I'm getting & reading, the economy sucks but whatever.

The numbers are in my OP.

But don't let facts sway you.

 

[petros]

From the information I'm getting & reading, the economy sucks but whatever.

Youre right, it sucks. If you want pizza or bullshit about being a lawyer then hes your guy

6 tech giants doing very very well are skewing the overall numbers. It was 7 but Tesla took a kick in the nuts in Q3.

The other 494 in the S&P 500 are losing money.


Chart is fresh from today.

 

[petros]

Youre right, it sucks. If you want pizza or bullshit about being a lawyer then hes your guy

6 tech giants doing very very well are skewing the overall numbers. It was 7 but Tesla took a kick in the nuts in Q3.

The other 494 in the S&P 500 are losing money.


View attachment 20944 Chart is fresh from today.

Just 7 companies are carrying the S&P 500 in 2023

AuthorBrian Scheid
ThemeReal EstateBankingFintechInsurance
Big Tech is largely fueling the S&P 500's positive performance in 2023, with investors buying just seven stocks and selling pretty much everything else.

Those seven stocks — Apple Inc., Alphabet Inc., Meta Platforms Inc. Microsoft Corp., NVIDIA Corp., Amazon.com Inc. and Tesla Inc. — have seen significant gains after a bleak 2022, and the collective gains have kept the S&P 500 in positive territory in 2023, with the overall index rising about 7% since the start of the year. Without these seven stocks, which make up nearly 26% of the large-cap index's total weight, the S&P 500 would be down 0.8% on the year, through May 16.

Just 7 companies are carrying the S&P 500 in 2023

Many of 2022's biggest losses have been reversed in 2023, though the rally has been narrow and is likely to be short-lived.

www.spglobal.com