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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (108265)8/14/2017 9:21:41 AM
From: ggersh  Read Replies (2) | Respond to of 119358
 
LOL.....

"Trump bloviated about the stock market being in a bubble during the campaign when it was trading at 18,000. He now pronounces the record highs of 22,000 as proof of his brilliant economic leadership. Meanwhile, the economy has grown at less than 2% during his first six months, retailers are going bankrupt and closing stores at a record pace, consumer spending and real wages are barely growing, and consumer debt has reached all-time highs. Best time to buy, according to the Prez.

A critical thinking individual might wonder how a market could be in a bubble at 18,000 but not be in a bubble at 22,000 ten months later. During the campaign Trump accused Obama and his BLS minions of manipulating the data to make horrible jobs numbers appear strong. Now he bellows about the strong jobs market as if we’re now supposed to believe the hysterically absurd 4.3% reported rate when 101 million out of 255 million working age Americans aren’t working. And a vast majority of the jobs are either part-time and/or low paying service jobs with shitty pay and benefits."

https://www.theburningplatform.com/2017/08/13/conspiracy-or-chaos/