Dow Hits 50,000!

27 May 2026 18:30 - 27 May 2026 18:30 #1 by FredHayek
Dow Hits 50,000! was created by FredHayek


Strange that with record low consumer confidence, Wall Street is stronger that ever before. If Main Street is broke and has reduced spending, wouldn't the market be declining?

Thomas Sowell: There are no solutions, just trade-offs.
Attachments:

Please Log in or Create an account to join the conversation.

28 May 2026 07:37 #2 by Aubrey
Replied by Aubrey on topic Dow Hits 50,000!
Somewhat misleading, Fred. Many, particularly leftist politicians, would like you to believe that the economy is a zero sum game. That is, if the markets gain then Main Street must lose. The economy is dynamic, expanding and contracting. Right now it is expanding. One only needs to look at his 401-K or other investment modalities to see this expansion.
The money invested in the market does not go under a mattress, it is invested in capital expenditures by the companies that make up the "market". Where are these funds going? Into the community, for instance look north to Cheyenne, WY. It is a "boom town", due to the development of data centers in the immediate vicinity. The small businesses there are ecstatic over the investments as is the State of Wyoming.

Please Log in or Create an account to join the conversation.

Time to create page: 0.145 seconds
Powered by Kunena Forum
sponsors
© My Mountain Town (new)
Google+