Nonilex, 3 months ago

The S&P 500 stock index crawled past 5,000 for the FIRST TIME EVER Friday, reaching an important symbolic landmark as continued #economic optimism fanned the flames of a rally driven by #AI on #WallStreet.
The broad-based index closed at 5,026.61, up <1% for the day, setting yet another closing #record. It has gained >5% in the first 5 wks of the yr.
#BidenBoom #Biden #DemocratsDidThat #VoteBlue #law #politics #Finance #SandP500 #TheFed #inflation #economy #investors #InterestRates

Nonilex, 3 months ago

Analysts attribute the market’s continued gains to positive economic data suggesting #TheFed has tamed #inflation w/o breaking the #economy, giving #investors confidence that #InterestRate cuts could be on the horizon.

#BidenBoom #Biden #DemocratsDidThat #VoteBlue #law #politics #Economy #Finance #Investment #SandP500 #stocks #Markets #economic

wndlb, 3 months ago

@Nonilex What I want to know: are all the Republicans who tell the pollsters that the Biden economy sucks $7 eggs--are they all putting their savings into SDS, shorting the S&P500?