In The News Today...

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November 9th, 2020 at 7:01:23 AM permalink
terapined
Member since: Aug 6, 2014
Threads: 73
Posts: 11818
Quote: Tanko
U.S. 3rd Quarter GDP growth 33%.

638,000 jobs added in October. Unemployment down to 6.7%.

80% of S&P Corporations beat expected earnings. Average beat, 6% above analyst expectations.

EU unemployment 8.1%.

EU 3rd Quarter GDP growth 12.7%

Thanks or the good news Tanko
My retirement depending on the market
Life is good
Biden the next President, economy humming and stock market soaring today
Whats not to like
Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World"
November 9th, 2020 at 7:13:21 AM permalink
ams288
Member since: Apr 21, 2016
Threads: 29
Posts: 12549
Stock market SOARS at opening.

Reminder: Apply the logic our righties used post-2016 election, President Elect Biden gets credit for all stock market increases now.
“A straight man will not go for kids.” - AZDuffman
November 9th, 2020 at 7:28:12 AM permalink
Dalex64
Member since: Mar 8, 2014
Threads: 3
Posts: 3687
Quote: ams288
Stock market SOARS at opening.

Reminder: Apply the logic our righties used post-2016 election, President Elect Biden gets credit for all stock market increases now.


You didn't mention the ALL TIME RECORDS that have now been set.

The Dow Jones industrial average jumped by 1,523 points, or 5.3%, at the open to 29,846 points -- over its previous record high set in February.

The S&P 500 index, has also hit a new peak - jumping by 3.6% or 127 points to 3,636 points.

https://amp.theguardian.com/us-news/live/2020/nov/09/us-election-joe-biden-transition-donald-trump-coronavirus-covid-kamala-harris-live-news-updates
"Everyone is entitled to his own opinion, but not to his own facts." Daniel Patrick Moynihan
November 9th, 2020 at 7:46:34 AM permalink
JimRockford
Member since: Sep 18, 2015
Threads: 2
Posts: 971
Quote: Dalex64
You didn't mention the ALL TIME RECORDS that have now been set.

The Dow Jones industrial average jumped by 1,523 points, or 5.3%, at the open to 29,846 points -- over its previous record high set in February.

The S&P 500 index, has also hit a new peak - jumping by 3.6% or 127 points to 3,636 points.

https://amp.theguardian.com/us-news/live/2020/nov/09/us-election-joe-biden-transition-donald-trump-coronavirus-covid-kamala-harris-live-news-updates

Did the market surge because Wall Street is so enamored with a Biden presidency or because Pfizer announced interim results of their vaccine trial that indicate that it is 90% effective? We can only speculate.
The mind hungers for that on which it feeds.
November 9th, 2020 at 8:00:08 AM permalink
Tanko
Member since: Aug 15, 2019
Threads: 0
Posts: 1988
Quote: ams288
Stock market SOARS at opening.

Reminder: Apply the logic our righties used post-2016 election, President Elect Biden gets credit for all stock market increases now.


Whatever happens in the future, those third quarter resuts show Biden won't be able to blame any reversals on Covid.

Two reasons for today's increase:

Main reason. Pfizer reported 90% success rate with their Covid vaccine.

Wall Street expects massive debt expansion promised by Biden administration.
November 9th, 2020 at 12:20:22 PM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 62
Posts: 7831
perfetly reasonable expectations.
doesn't matter who the standard bearer is, a new administration always starts off with cofidence.
November 9th, 2020 at 12:43:44 PM permalink
SOOPOO
Member since: Feb 19, 2014
Threads: 22
Posts: 4181
Quote: ams288
Stock market SOARS at opening.

Reminder: Apply the logic our righties used post-2016 election, President Elect Biden gets credit for all stock market increases now.


Generally agree. Biden was known to be winner by anyone not entrenched in the Trump camp by the day after election day. I give Biden, and the presumed Republican Senate, the credit for those upticks. Today is mostly about the presumed vaccine. But clearly Wall Street has reacted positively to Biden winning.
November 10th, 2020 at 12:04:48 AM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 62
Posts: 7831
Amazon gots some morroic HEROES. Xsshow entitled The Boys whiçh features çha4açterr named Highlànderr. Costumed partiepr inn Ohio rescued man bfom burning home

.
November 10th, 2020 at 12:11:58 AM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 62
Posts: 7831
Extremely populár Unsolved Mysteriees. Show omits four character racial storyliñe entirely ás biased ffrepouf4ting

Part of the show,s appeal is it is more scholarly and less tacbloidish than beforehand, Normal four witnesses too racial event would get that part of the storey aired,,, but editors felt it was ALL fabricated.
November 10th, 2020 at 2:41:20 AM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 62
Posts: 7831
Canadian actjuiion on airplane order makesx aerobus worried,