18,000 & 5% GDP

bluehenbillk · Post by **bluehenbillk** » Tue Dec 23, 2014 8:31 am

Times are good.

Post by **ASUG8** » Tue Dec 23, 2014 8:56 am

I'd thank the companies that normally would get credit for it, but we were recently reminded that "they didn't do that."

So thanks government.

Post by **dbackjon** » Tue Dec 23, 2014 9:32 am

GoBama!!

Post by **ASUG8** » Tue Dec 23, 2014 9:35 am

dbackjon wrote:GoBama!!

Does he get credit, or does Bush? I get so confused on the credit/blame continuum these days.

Post by **AZGrizFan** » Tue Dec 23, 2014 9:37 am

ASUG8 wrote:
dbackjon wrote:GoBama!!
Does he get credit, or does Bush? I get so confused on the credit/blame continuum these days.

He never gets blame. Only credit for the good things.

D1B · Post by **D1B** » Tue Dec 23, 2014 9:53 am

AZGrizFan wrote:
ASUG8 wrote:
Does he get credit, or does Bush? I get so confused on the credit/blame continuum these days.
He never gets blame. Only credit for the good things.

Post by **Ivytalk** » Tue Dec 23, 2014 10:08 am

Doesn't feel like a "boom," and trading partners in Europe, Japan and China are all doing worse than we are. U.S. consumers will spend the leftover gas money like it's 1999, for a short while, and retirement savings won't rise enough.

Chizzang · Post by **Chizzang** » Tue Dec 23, 2014 10:25 am

Ivytalk wrote:Doesn't feel like a "boom," and trading partners in Europe, Japan and China are all doing worse than we are. U.S. consumers will spend the leftover gas money like it's 1999, for a short while, and retirement savings won't rise enough.

Its a boom...
However: All boats are not rising with this tide

America as a Nation has never had more debt
Americans as individuals have never been deeper in debt

FULL SPEED AHEAD

bluehenbillk · Post by **bluehenbillk** » Tue Dec 23, 2014 10:32 am

Ivytalk wrote: and retirement savings won't rise enough.

Speak for yourself Ivy - that sounds like your own problem - should've started earlier

Post by **Wedgebuster** » Tue Dec 23, 2014 10:34 am

Just finished up a run of five years of our best ever business, income up each year. This year I get to give myself the biggest year end dividend ever.

Gobama!

bluehenbillk · Post by **bluehenbillk** » Tue Dec 23, 2014 10:35 am

Wedgebuster wrote:Just finished up a run of five years of our best ever business, income up each year. This year I get to give myself the biggest year end dividend ever.

Gobama!

My business too Wedge!!

GannonFan · Post by **GannonFan** » Tue Dec 23, 2014 11:37 am

Chizzang wrote:
Ivytalk wrote:Doesn't feel like a "boom," and trading partners in Europe, Japan and China are all doing worse than we are. U.S. consumers will spend the leftover gas money like it's 1999, for a short while, and retirement savings won't rise enough.

Its a boom...
However: All boats are not rising with this tide

America as a Nation has never had more debt
Americans as individuals have never been deeper in debt

FULL SPEED AHEAD

Indeed, it's boom times for Wall Street and then some. On the bright side, the 401k and other retirement stuff are looking fantastic, on the bad side, I still have 20 years to get there. Way too many holes in the economy right now, and certainly in the world around us, to think this boom isn't a bubble boom.

Post by **ASUG8** » Tue Dec 23, 2014 11:39 am

GannonFan wrote:
Chizzang wrote:

Its a boom...
However: All boats are not rising with this tide

America as a Nation has never had more debt
Americans as individuals have never been deeper in debt

FULL SPEED AHEAD
Indeed, it's boom times for Wall Street and then some. On the bright side, the 401k and other retirement stuff are looking fantastic, on the bad side, I still have 20 years to get there. Way too many holes in the economy right now, and certainly in the world around us, to think this boom isn't a bubble boom.

I try not to get too attached to the numbers I see from my financial planner or my online 401K balance. My planner isn't freaking out asking me to begin getting out of equities, so I'll stay in a bit longer.

Post by **travelinman67** » Tue Dec 23, 2014 11:59 am

Ivytalk wrote:Doesn't feel like a "boom," and trading partners in Europe, Japan and China are all doing worse than we are. U.S. consumers will spend the leftover gas money like it's 1999, for a short while, and retirement savings won't rise enough.

Corporate America is reaping the harvest from foreign/immigrant labor and weak enforcement of securities regulations.

This is short-lived.

The value spike is principally the result of freeing up hundreds of billings due to energy pricing.

This has NOTHING TO DO with good management.

The engine, the consumer, is still collapsing.

bluehenbillk · Post by **bluehenbillk** » Tue Dec 23, 2014 12:17 pm

Where do you guys live? Every store & mall I visit this season is bursting at the seams with customers spending large amounts. Gas is cheap. Car dealerships are bouncing back. Restaurants are packed. People aren't watching Fox News or MSNBC but they're enjoying their lives.

Post by **CAA Flagship** » Tue Dec 23, 2014 12:20 pm

Wedgebuster wrote:Just finished up a run of five years of our best ever business, income up each year. This year I get to give myself the biggest year end dividend ever.

Gobama!

Thanks for the free healthcare Wedgie.

Post by **CAA Flagship** » Tue Dec 23, 2014 12:22 pm

ASUG8 wrote:
GannonFan wrote:
Indeed, it's boom times for Wall Street and then some. On the bright side, the 401k and other retirement stuff are looking fantastic, on the bad side, I still have 20 years to get there. Way too many holes in the economy right now, and certainly in the world around us, to think this boom isn't a bubble boom.
I try not to get too attached to the numbers I see from my financial planner or my online 401K balance. My planner isn't freaking out asking me to begin getting out of equities, so I'll stay in a bit longer.

Overall, no. But you will likely feel some pain next month.

Sold my last holding in both my "house money" and my IRA today. Will watch from the cheap seats for the next entry point.

Chizzang · Post by **Chizzang** » Tue Dec 23, 2014 12:51 pm

bluehenbillk wrote:Where do you guys live? Every store & mall I visit this season is bursting at the seams with customers spending large amounts. Gas is cheap. Car dealerships are bouncing back. Restaurants are packed. People aren't watching Fox News or MSNBC but they're enjoying their lives.

I believe they call it "Christmas"

So yeah, consumers are spending (Go.! TEAM.!! Go.!!!)
However a huge percentage of them are spending borrowed money

Post by **Ivytalk** » Tue Dec 23, 2014 1:05 pm

bluehenbillk wrote:
Ivytalk wrote: and retirement savings won't rise enough.
Speak for yourself Ivy - that sounds like your own problem - should've started earlier

I'm just fine, thanks...talking about the great mass of people who have saved $25K or less.

Post by **Ivytalk** » Tue Dec 23, 2014 1:07 pm

Chizzang wrote:
bluehenbillk wrote:Where do you guys live? Every store & mall I visit this season is bursting at the seams with customers spending large amounts. Gas is cheap. Car dealerships are bouncing back. Restaurants are packed. People aren't watching Fox News or MSNBC but they're enjoying their lives.

I believe they call it "Christmas"

So yeah, consumers are spending (Go.! TEAM.!! Go.!!!)
However a huge percentage of them are spending borrowed money

I'm with Chizzy on this one. Bah, humbug.

bluehenbillk · Post by **bluehenbillk** » Tue Dec 23, 2014 2:28 pm

Ivytalk wrote:
bluehenbillk wrote:
Speak for yourself Ivy - that sounds like your own problem - should've started earlier
I'm just fine, thanks...talking about the great mass of people who have saved $25K or less.

$25K? ouch.

Post by **AZGrizFan** » Tue Dec 23, 2014 6:33 pm

Wedgebuster wrote:Just finished up a run of five years of our best ever business, income up each year. This year I get to give myself the biggest year end dividend ever.

Gobama!

Who paid for your heart attack medical care?

Post by **travelinman67** » Tue Dec 23, 2014 6:47 pm

bluehenbillk wrote:
Ivytalk wrote: I'm just fine, thanks...talking about the great mass of people who have saved $25K or less.
$25K? ouch.

You sound like Rush Limbaugh...

...out of touch with reality.

D1B · Post by **D1B** » Tue Dec 23, 2014 7:00 pm

travelinman67 wrote:
Ivytalk wrote:Doesn't feel like a "boom," and trading partners in Europe, Japan and China are all doing worse than we are. U.S. consumers will spend the leftover gas money like it's 1999, for a short while, and retirement savings won't rise enough.
Corporate America is reaping the harvest from foreign/immigrant labor and weak enforcement of securities regulations.

This is short-lived.

The value spike is principally the result of freeing up hundreds of billings due to energy pricing.

This has NOTHING TO DO with good management.

The engine, the consumer, is still collapsing.

Tbag- dropout bum liar.

Post by **Col Hogan** » Tue Dec 23, 2014 7:15 pm

Chizzang wrote:
Ivytalk wrote:Doesn't feel like a "boom," and trading partners in Europe, Japan and China are all doing worse than we are. U.S. consumers will spend the leftover gas money like it's 1999, for a short while, and retirement savings won't rise enough.

Its a boom...
However: All boats are not rising with this tide

America as a Nation has never had more debt
Americans as individuals have never been deeper in debt

FULL SPEED AHEAD

My debt is lower than ever...but you're right about the national debt...

There's an iceberg out there somewhere...

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18,000 & 5% GDP

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