Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: locogringo who wrote (1336091)	12/30/2021 4:10:49 PM
From: sylvester80	Read Replies (1) \| Respond to of 1583316

ANOTHER NEW ALL TIME HIGH TODAY FOR DOW & S&P. THANK U PRES. BIDEN. STOCK MARKET HAS SKYROCKETED SINCE THE BIDEN ELECTION. BIGGEST 1st YEAR OF STOCK GAINS IN US HISTORY!!!!!!!!!!

To: locogringo who wrote (1336091)	12/30/2021 4:31:32 PM
From: Mongo2116	3 Recommendations Recommended By Brumar89 rdkflorida2 sylvester80 Respond to of 1583316

How Biden’s ‘Christmas Nightmare’ Turned Into A Gift-Giving Miracle THANK YOU MR. PRESIDENT So much for the empty shelves and delayed packages this shopping season. After months of the media insisting consumers were terrified about the rising inflation rate, and that stores would be barren this season thanks to supply chain woes, shoppers snatched up everything in sight, sending holiday sales soaring to a 17-year high. Clothing sales jumped 47 percent compared to 2019 (pre-Covid), jewelry 32 percent, electronics 16 perc. That runaway spending meant consumers had no problem finding products, despite months of dire media warnings and claims that it all meant terrible news for the White House. Alternately hyped as a “ problem,’ a “ Christmas crisis,” and even a looming “ nightmare” for President Joe Biden, the holiday season supply chain issue took on Herculean importance for the political press corps, which until this year had never cared about the global trade issue. At an October White House press briefing, CBS’s Ed O’Keefe actually demanded to know if the White House would guarantee that every holiday package would arrive on time this year.

To: locogringo who wrote (1336091)	12/30/2021 7:50:22 PM
From: sylvester80	3 Recommendations Recommended By J_F_Shepard pocotrader rdkflorida2 Read Replies (1) \| Respond to of 1583316

WHAT BS SUPPLY CHAIN ISSUES? US HOLIDAY SPENDING IN FASTEST PACE IN 17 YEARS... THANK U PRES. BIDEN theweek.com DECEMBER 26, 2021 "The latest COVID-19 variant is upending holiday plans for tens of thousands of travelers — but it didn't do much damage to holiday shopping," The Associated Press reports. U.S. holiday sales rose 8.5 percent over 2020, the biggest gain in 17 years, Mastercard SpendingPulse reported Sunday. Consumers also spent 10.7 percent more in the holiday season compared with the same Nov. 1 to Dec. 24 period in 2019, before the pandemic. Mastercard, whose survey tracks spending on all kinds of goods and services (though not automobiles), had forecast an 8.8 percent jump for holiday buying back in September, before the Delta coronavirus wave peaked and the Omicron variant roared in. Online purchases continued their upward trajectory, rising 11 percent over 2020 and 61 percent versus 2019, Mastercard said, but sales at bricks-and-mortar stores also rose 8.1 percent versus 2020. "The consumer is extremely healthy and has held up really well," said Stephen Sadove, a senior adviser to Mastercard and the former CEO of Saks. "No longer are people just staying at home in sweatpants," he added. "They are going back to the malls." Consumer spending rose significantly on clothing (47 percent rise over 2020), jewelry (32 percent), and electronics (16 percent), Mastercard's report found. Concerns about supply chain disruptions and delivery delays prompted many Americans to start their Christmas shopping in October, The Wall Street Journal reports, muting the effects of COVID-19's latest resurgence.