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| Most Of The U.S. Saw Little Recovery In 2013 (1227727) | |
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Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Dand124 on Fri Sep 19 23:28:53 2014 http://fivethirtyeight.com/datalab/most-of-the-u-s-saw-little-recovery-in-2013/ |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by SelkirkTMO on Sat Sep 20 00:58:46 2014, in response to Most Of The U.S. Saw Little Recovery In 2013, posted by Dand124 on Fri Sep 19 23:28:53 2014. Wall Street is happy ... isn't that all that matters anymore? Sharing with the people and their employees? Why that's ... communism! :-\Looks like that "service economy" that Reagan and his pals were talking about wasn't such a great deal after all. But China is happy too, so I guess that's all that matters too. Here's what a REAL American looks like ... everybody else can suck eggs.  |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Edwards! on Sat Sep 20 05:19:49 2014, in response to Most Of The U.S. Saw Little Recovery In 2013, posted by Dand124 on Fri Sep 19 23:28:53 2014. Sure..Dow Jones tipping over 17,000..but nobody's making money. I wish you people would stop your bullshit. It's really becoming a real pain in the ass. |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Dave on Sat Sep 20 19:08:33 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Edwards! on Sat Sep 20 05:19:49 2014. Somebody's making money if the Dow Jones is at new highs. |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Train Dude on Sat Sep 20 19:13:27 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Edwards! on Sat Sep 20 05:19:49 2014. Absolutely - Those in the market are making money. Those with 401Ks are getting healthy. The 1% is getting richer. The middle class is getting smaller & poorer. Stocks values are growing because of Fed policy keeping interests near zero. They are the only game in town. Facts are facts. |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Edwards! on Sun Sep 21 03:31:55 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Dave on Sat Sep 20 19:08:33 2014. Yeah..investors are.The Chinese are..the Saudi are.. Everyone is making money,except those of e the bottom. They still have to fight spit scratch and claw for every penny. Why? Fantom a wild guess, while i finish off this sandwich. |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Olog-hai on Sun Sep 21 08:36:35 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Dave on Sat Sep 20 19:08:33 2014. They aren't at new highs. The real value of the dollar is far less. |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Nilet on Sun Sep 21 15:34:45 2014, in response to Most Of The U.S. Saw Little Recovery In 2013, posted by Dand124 on Fri Sep 19 23:28:53 2014. Gee, really?I love it when rich people are surprised to discover the obvious. |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by SelkirkTMO on Sun Sep 21 17:47:43 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Nilet on Sun Sep 21 15:34:45 2014. And then Atlas shrugs anyway. :( |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Dave on Sun Sep 21 18:26:50 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Olog-hai on Sun Sep 21 08:36:35 2014. False. New highs are calculated on the value of the index not adjusted for inflation, etc. |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Dave on Sun Sep 21 18:30:33 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Edwards! on Sun Sep 21 03:31:55 2014. So because the guy or gal making minimum wage isn't directly benefiting by the market making new highs, that's bad because...why? |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by salaamallah@hotmail.com on Sun Sep 21 18:38:00 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Edwards! on Sun Sep 21 03:31:55 2014. IAWTP |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Edwards! on Sun Sep 21 19:59:28 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Dave on Sun Sep 21 18:30:33 2014. Why don't you tell me?Don't try to bullshit me,Texan... I own a business,and investment portfolio. |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Nilet on Sun Sep 21 20:03:14 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Dave on Sun Sep 21 18:30:33 2014. Because it's impossible to survive on minimum wage? |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by salaamallah@hotmail.com on Sun Sep 21 20:20:08 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Edwards! on Sun Sep 21 19:59:28 2014. LOL ! |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Dave on Sun Sep 21 20:51:54 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Edwards! on Sun Sep 21 19:59:28 2014. No, you explain. You're the one who thinks the market indexes making a new high is a bad thing. So, what makes it a bad thing? |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Edwards! on Sun Sep 21 22:02:13 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Dave on Sun Sep 21 20:51:54 2014. YOU said it was a bad thing..I say its a lopsided top heavy establishment. |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Dave on Sun Sep 21 22:56:11 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Edwards! on Sun Sep 21 22:02:13 2014. More than half of the American population invests in the stock market, mostly through their retirement plans. So how can more than half be top heavy?I guess in your guilt about participating in the market, you will be selling everything and saving nothing for the future...correct? |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by SelkirkTMO on Sun Sep 21 23:38:08 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Nilet on Sun Sep 21 20:03:14 2014. Nah ... let's abolish it and pay them less. :-\ |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Edwards! on Mon Sep 22 00:16:04 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Dave on Sun Sep 21 22:56:11 2014. LOL.Nothing wrong with being successful, being prudent and fiscally responsible. That's sound planning for the future. But,you are trying to equate fical reality with greed. Oh,and just so you know,my coach operator days may be done..but I still maintain my drafting business as well as supporting my daughters business as a advisor. I donate Time and funding to various establishments, work at a community/senior center as a social worker. So why in the world would I feel 'guilty' giving back? Perhaps if you put In as much time helping,than taking,you would have Less time to talk shit here. |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by SelkirkTMO on Mon Sep 22 01:01:18 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Dave on Sun Sep 21 20:51:54 2014. Well ... you're about to see a little more of that profit-taking. But it's not in America's best interest as more and more of those numbers ship out of America and into the hands of others as your Ferengi do their thing. :(This one's gonna suck on Texas ... http://www.reuters.com/article/2014/09/22/us-siemens-dresser-rand-grp-exclusive-idUSKBN0HG0RA20140922?feedType=RSS&feedName=topNews (Reuters) - Industrial conglomerate Siemens AG (SIEGn.DE) is near an agreement to acquire U.S. oilfield equipment maker Dresser-Rand Group Inc (DRC.N) for all cash, according to people familiar with the matter, in a move that would significantly boost the German company's oil and gas business in North America. By acquiring Dresser-Rand, Siemens would receive the company's compressors and turbines serving the oil and gas industry at a time when a North American drilling boom has increased demand for energy services and equipment. A deal for Dresser-Rand, which has a market capitalization of more than $6 billion, could come as soon as Monday, some of the people said. Siemens is expected to pay low- to mid-$80s per share, the people said, compared with Dresser-Rand's Friday closing price of $79.91, which already had been trading higher on takeover speculation in the past several days. Discussions between the two companies are continuing and could still fall apart, the people cautioned, asking not to be named because the matter is not public. A representative for Siemens declined to comment and a representative for Dresser-Rand did not respond for a request for comment. Siemens, with its cash takeover bid, has trumped a competing offer from Swiss pump maker Sulzer AG (SUN.S), which proposed merging with Dresser-Rand in an all-stock deal, according to people familiar with the matter. Sulzer, whose chairman is former Siemens Chief Executive Peter Loescher, was hoping to convince Dresser-Rand to a merger of equals under which the combined company would be domiciled in Switzerland, the people said. Such a tie-up had the backing of Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group, which controls about a third of Sulzer and also reported a near 5 percent stake in Dresser-Rand on Friday, the people said. Siemens has long coveted Dresser-Rand, which would help it grow its oil and gas business amid a boom in fracking, the extraction of natural gas from deep layers of rock using high-pressure fluid injections. But, until now, it shied away from making a formal bid, balking at the company's high valuation. Dresser-Rand trades at 24.6 times 12-month forward earnings, a 60 percent premium to its peers in oil and gas equipment and services, according to Reuters data. Siemens CEO Joe Kaeser said in July that there is no quick fix for the company's energy business, which makes products ranging from gas and wind turbines to transformers, and has weighed on profits. Kaeser, who took power in summer 2013 after a boardroom coup, has been looking at acquisitions to better round out the energy business. One move in this direction was in May when Siemens agreed to buy the energy gas turbine and compressor business of Britain's Rolls-Royce Holdings PLC (RR.L) for 785 million pounds ($1.28 billion). A deal with Dresser-Rand would come only months after the German group lost out in a bidding war with General Electric Co (GE.N) for Alstom SA's (ALSO.PA) energy assets in June. Siemens also announced a restructuring program in aimed at strengthening Siemens' focus on creating processes to help industrial companies produce more efficiently. Siemens had cash and cash equivalents of 8.21 billion euros ($10.53 billion) at the end of June. --- Yay, banksters! |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Dave on Mon Sep 22 07:38:06 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Nilet on Sun Sep 21 20:03:14 2014. But what does that have to do with the stock market making new highs? |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by TerrApin Station on Mon Sep 22 07:46:53 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Edwards! on Sun Sep 21 03:31:55 2014. Isn't that how it's supposed to work??? |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Nilet on Mon Sep 22 08:23:00 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Dave on Mon Sep 22 07:38:06 2014. Read the title of the thread— the economy is in the shitter, and the fact that the stock market is reaching new highs has no bearing on this fact, as that only benefits the 1% who never work anyway. |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Dave on Mon Sep 22 08:44:15 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Nilet on Mon Sep 22 08:23:00 2014. So you're saying a rising stock market only benefits 1% of the US population? What about the 50+% of the population that invests in the market, primarily through retirement plans? Aren't they benefiting as well? |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by AlM on Mon Sep 22 08:50:16 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Dave on Mon Sep 22 08:44:15 2014. Aren't they benefiting as well?Some of them. An alarming percentage of people use their 401(k) plans to buy high and sell low. :( |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Terrapin Station on Mon Sep 22 09:09:02 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Dave on Mon Sep 22 08:44:15 2014. pwn3d |
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Re: Most Of The U.S. Saw Little Recovery In 2013 |
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Posted by Nilet on Thu Oct 9 23:14:57 2014, in response to Re: Most Of The U.S. Saw Little Recovery In 2013, posted by Dave on Mon Sep 22 08:44:15 2014. Not substantially— I'm raking in a whopping $5 per year in extra dividends while earning basically nothing and unable to get a better job.Of the 50+% who "invest" in the market, only a small percentage will ever actually make a living off it— and the handful who will manage to retire on their investments would be better off if the economy improved EVEN if the stock market fell. After all, which is better— earning a 10% return on the $1,000 you manage to save or earning a 5% return on the $10,000 you manage to save? |
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