If it's a recession then why are my stocks higher than they've been since Biden crashed them when he took office?

If it's a recession then why are my stocks higher than they've been since Biden crashed them when he took office?

And don't give me that "dead cat bounce" or "bear trap" you fucking financially illiterate fools.

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Priced out poorfags seething

even a dead cat will bounce if it falls from a great height

Because most of the money we printed went into the stock market and into the hands of rich assholes
Now the working class American suffers while they just sit back and laugh

>Now the working class American suffers while they just sit back and laugh
That's fine. We should just go full feudalism so that I can be a minor nobleman.

Dead cat bounce. Prepare for total financial doom.

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Because you are luckily, part of the upper class.
Just the fact you have stocks, is enough to tell me that you earn far more than the average wage.
So yes, you are not going to get shafted by whatever Biden or the Democrats are planning.
Its not aimed at you, its aimed at those with shitty jobs, that spend around 80% of their salary on just expenses to sustain themselves

Once "they" are given a total monopoly, the Socialist government is going to seize control of the corporations.

This has all been a part of the Communist agenda.

>Its not aimed at you, its aimed at those with shitty jobs, that spend around 80% of their salary on just expenses to sustain themselves
Thank God. Sounds like we'll have reverse immigration so all of the poor non-whites go back to their shitholes. Thanks for clarifying, footsoldier of the bourgeoise-bro.

just like louis xvi

even a dead cat will bounce if it falls from a great height

But niggers straight out of Africa are going to flood us soon.
So i dunno, i rather deal with white trash than niggers.
Europe is just a preview of what is going to happen in the 2030's over here.

Srocks equals bullshit! Economy has nothing to do with printed cash, stocks and bullshit we see and are feed about so called economy.

It has to do with People.
What people produce.
What people can afford to exchange.
How people live, standard of life and wellbeing, are the basic needs produced and meet/ dstributed (not communism style btw)... which is the reflection of the above and thr organization of the overall system.

You won't see a real stock drop unless jobs start being lost in large numbers. Stocks today are fed by people's paychecks automatically going into retirement accounts which are overwhelmingly in stocks. So as long as those kinds of jobs stay safe, the stocks will hold pretty well.
The job market is still strong enough that there's no drive for a stock market collapse.

Well. It's going to be overwhelmingly beaners. There's already a huge border crisis that's barely being covered. 2022 is a bumper year for illegal immigrants. Some do come from Africa but overwhelmingly it's South and Central America.

They are pricing in the upcoming Ukraine peace treaty

Can't buy stocks if your working class collapses

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crypto is up higher than it has been for months now too
weird af timing

But it literally is a bull trap you fucking moron. Why do you think there's some other answer? Markets are greedy. They want to milk every last drop. They will all be wiped out because of this.

Stock markets have not been connected to real economy for over a decade now. It's fantasy land where fundamental economics does not apply. It's basically a Ponzi scheme at this point.

The sp500 is down 15% on the year. Its been real grim. Sentiment is that the bottom has been reached and if the homos will not plague us all with monkeypox things will get better from here. If the sp500 ends the year +-0 it should be taken as a win. Usually you can expect it to grom 7-10% a year as a benchmark

Define recession.