The S&P 500 rose Wednesday, eking out its 70th record close of 2021.
The benchmark index ticked up 0.1% to 4,793.06. The Dow Jones Industrial Average added 90.42 points, or 0.3%, at 36,488.63. The blue-chip average closed at a record for the first time since November and posted its sixth-straight winning day. The Nasdaq Composite bucked the trend and ticked down 0.1% to 15,766.22.
The S&P 500 has closed at a record 28% of the time in 2021. This year has seen the second-highest number of record closes ever, behind 77 closing highs in 1995.
Investors are hoping to end the year on a high note with the S&P 500 returning more than 27% in 2021 and the Dow up more than 19%. The two indexes are both within striking distance of their all-time highs.
Historically, the market rises during the "Santa Claus rally" period — the last five trading days of December and the first two of January.
"The seasonals favor further gains in the market. The trading is a little thinner than it would otherwise be. ... We're coming off what seems to have been a good holiday season and I think that inspired some confidence," said Wells Fargo Investment Institute's Gary Schlossberg.
Biogen surged roughly 9.5% and led the S&P 500 after a report in South Korean media said the biotechnology company is in talks to be acquired by Samsung. The deal would reportedly be worth more than $40 billion. Biogen declined to comment on the report.
Walgreens, Nike and Home Depot were the top gainers on the Dow, each rising more than 1%.
On the downside, travel-related stocks struggled. American Airlines pulled back 2.6% and United Airlines fell 1.9%. Carnival and Norwegian Cruise Line both closed lower. Boeing led decliners on the Dow with a 1.2% pullback.
Higher-growth technology stocks dipped as the benchmark U.S. 10-year Treasury yield jumped above the 1.5% level. Rising rates discount the value of future earnings and therefore can hit growth stocks like technology names particularly hard. AMD lost 3.2%.
Investors continue to monitor developments with the omicron Covid strain.
The U.S. has confirmed more than 4.5 million Covid cases this month, according to data from Johns Hopkins University. That's well above November's tally of 2.54 million. The country's seven-day average of cases is also at 260,133.29 cases, more than 260% higher than the average from Nov. 28.
However, the Centers for Disease Control and Prevention this week shortened its isolation recommendation for people who test positive from 10 days to five if they don't have symptoms. Research from South Africa also suggests that omicron infections can boost immunity against the delta variant.
The market has shown resiliency in the past few weeks as traders weigh the omicron variant and potentially tighter monetary policy from the Federal Reserve next year. The S&P 500 is up roughly 5% for December.
Next year should bring normalizing economic conditions and slowing growth, Destination Wealth Management's Michael Yoshikami told CNBC's "Squawk on the Street."
"There's inevitably going to be a return to some sort of normalcy, although I think volatility will continue," Yoshikami said. "Three headwinds — inflation, what's happening with the pandemic, and, in our view, tax policy ... are going to bring things back down to more reasonable levels."
Get out of tether....
yes but in order to do so they would collapse the stock market and housing market.. this is all intentional to destroy the dollar to move to a digital fed currency for complete control.
Bitcoin is the true asset without the fundamental market value.
You want to control inflation? Turn off the presses and let 50% be absorbed into the economy.
Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating.
Broken capitalism. Solution, need to start over. Burn the FIRE sector. Vote for a change (pun) demand democracy NOW.org banks produce nothing, zero, just profits DNC = RNC = the 1% = Wall street not the 99% remember the 1970s ? what it took to get change a revolution, yeah
Crypto is a bubble. Almost 20,000 cryptocurrencies!
DESTROY UNIONS, LOWER MINIMUM WAGE AND TAX THE MIDDLE CLASS MORE.
Sout African Dr said much ado about nothing. Fraud Fauci said death n destruction coming our way.......hahaha.
Definition of Inflation (new): When you take an large amount of words to explain the interest rate concept AND ultimately at minute 13-14 get to the FEDs "plan" of WAIT AND SEE approach. When this happens you have to question why this piece was created. What is true agenda?
Why do Democrats always have to bring 'diversity' into the equation? They seem more obsessed with having quotas of women, ethnic minorities, LGBTs enforced in those crypto companies than having competent people, regardless of physical attributes and sexual orientations, developing and making digital assets available to everybody.
Yeah, raise interest rates by .25% every 6 months until you reach 2%, then stop! The reason raising rates screws up the economy is that they go too fast. Give those Fed governors each a lollypop and tell them to chill. 3% is too high and it will accelerate economic decline. Productivity has increased per actual human man hours. If you go by dollars per productivity, it will be wrong every time. Union busting has contributed to income inequality. The Fed always overreacts in either direction. They actually cause instability.
Coinbase needs a brick and mortar for customer service.
Bitcoin > Terrorist Paper
should create an algorithm to get rid of China's CPP agents. We get it, they are holding your family hostage if you don't insult your enemies, but you're still useless. You have 0 substance, and it's always the same script. A bot can do your job. Look up, 60 minutes China spy, you'll understand. How people fall to such crappy spy agency is beyond me.
LL THE WAY UP ️️ ️ ️ ️ ️ ️ * ️ * ️ * * * * * Lets go!
What are you doing god man turkısh trader
Core cpi tracks inflation minus food and energy and that's the inflation metric cited when they tell you inflation is only 6%... As if we don't need food and energy pfffffff Don't even get me started on hedonic adjustments.... The info is all there, we just need to look.
NO! the USA is simply insustainable the cost to live as we do is too much, borrowing to pay debts has never help anyone in debt.
n AF pilot flying MIG-21 dies after the plane crashes in Punjab's Moga
Hope that government going to shutdown all the crypto website soon. Crypto is scam........... they charge fee too high and I believe they are the ones that hack into some people account and stole millions of dollars because only they team knows all your information and passwords. I don't trust these crypto website........
mirage 2000 crashed a few weeks ago in Madhya Pradesh.
Quantitative easing is the cause of inflation.....it pumps mony in the system..th more dollars in circulation the lower the value or the higher the inflation.....i think its clear that quantitative easing should be iligal.....solving a debt crisis bye allowing more debt is not a solution......stop the cocaine do what you should have done a long time a go raise interest rates back to 10 to 15%....in doing so you make housing affordable again..... capatalisme needs detoxing from time to time the longer you postpone the harder the redraw will be.......a normel household should not be forced into shares for there savings to gain some return......housing is not for speculation but to live in and shares stocks are only for seasoned investors...
Recent News : 2 Chinese rockets crashed and 1 satellite went missing like peng shuai
Run for the hills! Save yourselves. Inflation bad!
Every graduate degree in the US is actually in woke studies, so I dont see those being all that useful.
Thanks to I got my credit score fixed up,and I got the check of $7k delivered yesterday,you are the best to deal with.
No
Try buying back their dollar
Gold Medalist. Hilarious's Plunge Protection Champion
It's amazing how Marxism explains a lot of this - and how the bourgoise technocrats have developed a language to track the critique laid out in Capital by Marx. Specifically, the critique that capitalism has boom and busts because labor prices are less than the value produced is a more correct way of saying what these people are describing the inverse, that labor increases lead to price increases (without questioning if owner income, rents, and interest revenues are lower)
Worrisome. Omnicron could cause a Stock Market Crash witch could trigger A Global Financial Collapse. My solution of DRT and CIT best ! Join me all willingly loving !
So if you print %40 of the monetary supply ever you experience unprecedented inflation? Im intrigued.
More BS FUD. If you get hurt then you are stupid but you still have a right to spend your money how you want. Lumping Tesla in the headline with bubbles is another example of pure FUD by the joke financial news channel. Urge some caution over Rivian, which is a bubble. By the way Tesla could care less if Herz buys or not. Tesla sells every car they make no matter if Herz was in or out of business it wouldn't matter.
END THE FED!!!!
This inflation is transitory, print money obviously have no consequences, pffffff. the central command economy of the Soviet Union (united states) work vary well, let the government produce chips, or infrastructure. system appear to be a viable economic alternative, dont worry, everything wanna be ok
lol the government is doing this to artificially prop up Wall Street. If they stop, then the billionaires will lose money. Pretty much they're making the rich even more wealthier at the expense of the working class. That is exactly why the 1% has been achieving greater wealth, while the working class is now poorer.
The only issue is there is way to many cryptos ... Coinbase was fine when it had 3 coins ... but over 100 is way to risky
Is this guy ever right.....noooooòo
Tesla is not in a bubble. Tesla isnt selling its cars to hertz at a discount. Hertz has to order on the Tesla website like everyone else, at the current price. Tesla has made a profit over the last 7 quarters or more. Its also in the S&P 500. Its not just a car company. Tesla is cheap today at its current share price, and is projected to 3X its current share price in 5 years or less. Tesla didnt need to be included in the report. Just a click bait article as usual from . It worked, they got me to click on it.
Well the usd hasn't actually met real inflation as global players keep on purchasing the USD, the current inflation we're seeing right now is purely artificial. Exchange rates haven't changed much. Prices of actual commodities still are purchased in usd, until the global economy ceases to subsidize this ponzei scheme, the fed will keep on printing.
The base of all this roots to the crazy real estate prices , Rest all are increasing like Gas, Food etc...Arrest Real Estate Prices, and rest will fall in line!!
-1% is not a selloff
I mean if you consider GME and AMC's current prices compared to pre-2021 prices...I wouldn't say the bubble "burst" completely which I'd equate more to it going at similar levels or below their pre-pumped levels.
I know this has more dislikes than likes
Dixon seems not ready for prime time. Missed several opportunities to hit home runs and instead grounds out. I suggest she practice more or they get someone in who excells at communication. With what is at stack now we cannot have amateurs representing us. I give Dixon a partisapation award
Stop inflation? Biden: "Print more money, for everyone!".
Elections have consequences..TRUMP 2024
Is it possible that 'The Fed' uses ossified factors in their calculus? This presentation illustrates that several 'blind-spots' have taken 'The Fed' by surprise.
This is price gauging, not inflation. This is an issue supply and demand. Supply changes are always difficult to master and it is hard to meet the demand.
Question: How are we to have a record when Biden plans to take trillions in taxes away from the Rich that invest in the stock market?
Is it not simply that there is just too much money floating around globally and the 'rich' don't know what to do with it. So they invest in anything that might bring some positive ROI and this drives up prices and the spiral begins. And so the rich get richer and the rest of us can pay the price in the end by ball-outs, privatizations and loosing pensions.
Yes... Stop printing money idiots! Problem solved!
Collapse
It's supply and demand; demand is high and supplies are low. Get the supply situation fixed and things will improve.
Lets go Brandon!
Crypto market is becoming more appealing to investors seeking low-correlation assets that diversify portfolios, with no doubt in mind that we are going bull with little signs of stopping. I'd say it's out rightly wrong to just sit back hold and wait maybe incur some losses along the line, that's a wrong mindset for an investor because as an investor finding ways to always increase and stack up more coins thereby making profits should be the way of life, even experienced traders are in a doubt to take long or short position, The conditions of this bull market are unlike anything we have ever seen. I got this tips first hand from Ethan Wilbert he is always a step ahead of other traders, he fully monitored all my trades to avoid me making mistakes and losing my money. My earnings has increased drastically from 2.1Bitcoin to 17.7Bitcoin in just 3 months and 2 weeks. I've got full confidence in he's trade abilities. it's advisable for every investor to take advantage of he's strategy , Ethan can be reached on @ [ @Tutorwilberts]
My concerns band questions are as follows. Can crypto currency be used to purchase items at a yard sale? Can it be used at the strip bar, can it be used to buy nuclear armaments? Can it be used to support failing enterprises domestically or abroad? Is it fractionally reserved bankable, can the thousand day interest method be applied towards it? Does it honor the founding fathers? How easy or difficult is it to counterfeit? Is it FDIC insured? What backs it, could it be taken to a bank and exchanged for an IRA contribution? Does it cost money to use like some debit cards and credit cards? How difficult would it be to loan one of a crypto currency carriers friends or relatives twenty dollars if a situation arised? Could it be used to donate to charities? What about campaign contributions?
Black Americans need the government funding to start business and they know help black Americans become owners
Survey says: No.
Investing is the best option right now, seen the economy is bad INTELLECTWEBSCM making money with those guys is the right time now
What about the Israeli government??
I call bs.. The markets love volatility
Pakistan Missile Power - 170
.... Nope ... it cant ....
Nature may abhour a vaccum, but the human world loves bubbles.
#freexrp
Liz Young is totally right.
Alesia is the CFO of Coinbase.
Why yes, stop printing money and BOOM inflation stops
The base of all this roots to the crazy real estate prices , Rest all are increasing like Gas, Food etc...Arrest Real Estate Prices, and rest will fall in line!!
Buy crypto, the system in broken in the core
10 would get fired againSuch an interesting thing to pay attention to instead of my source of income, 10
FUD
Guess you need to prompt up the man you installed into office that's destroying our country
The inflation, Afghanistan, forever Covid, supply chain issues, Ukraine, Iran again enriching uranium and more are attributable to the global chaos Trump unleashed.
Nice ! I was able to build a big income stream during the covid-19 pandemic investing with a professional broker, Mrs stacy maya.
Printing 40% of our currency in 12 months was a stoopid moved!!
Brandon is in high demand. Let's go Brandon!
The next bubble to pop is China
Please hold more hearings like this! Thoughtful, informative and not much partisan bluster. Bravo to all involved, let''s get something done.
Omicron FEARS God never meant anyone to live in fear. If you have fear of this lie it shows you are without hope, for a life without Christ in the centre of one's life is a life that is hope-less.
4:04:30 You bring up coal being used for bitcoin mining yet you address bitcoin mining. Bitcoin runs on electricity. Not coal. Further, the bitcoin block difficulty scales with the network's hash-rate. That is to say it doesn't even need to use a ton of electricity. It only does so because people are greedy. People are also lazy, and so yes, they use coal. Wanna fix it? Tax the hell out of coal. Please. Full support. Increasing carbon taxes is a great idea. Changing the consensus mechanism of Bitcoin? Likely not even possible. Also! Have you heard of Klima DAO? :) Pretty cooooool.
Congress has outsourced it's responsibility to the FED. They wants to abrogate their responsibility of making difficult but necessary decisions. Balancing Taxes vs Spending isn't needed when you can print money out of thin air.
Why didn't they mention the Pokemon Card bubble?
The dollar rally is why we sold off
akistan Media).
Peter Schiff knows what the problems are. Try listening to Austrian economics.
Even has seen the tide turning. I've been predicting a late jan demolishing since the beginning of 2021. after a dopey x mas rally n early jan rally, it'll descend. Wild swings is just the precursor. It means they are running out of buyers, and so they need wild swings to create set ups to rally more often than usual. This is not the beginning or middle of a bull run.
That research paper had an opinion not an objective study. Has economics in America also gone woke!!!
never had good things to say about Tesla.
Why yes, stop printing money and BOOM inflation stops
Yes thay can end the fed Go back to constitutional money flation is theft And we all know the CPI is a lie come come on really when they use waiting hydonics is hydonics and other adjustments is other adjustments to manipulate the numbers to the downside if we calculated the numbers like they calculated Is when they started it would be more than 10% now
Wow, they do not talk about the real problem: the government deficit. So far this 2021: $6.8T spent, $4T collected from taxes. Simply, incompetence. A crash will come, they are just putting it off; flying higher, the fall will be harder.
Real easy. The public just needs to really cut back on frivolous spending. Just for one month. Stay home. Dont drive anywhere not needed. Dont buy anything. Even buy less food. month of that the The big corps will start dropping prices back to normal
Really nothing new has been said here. Is there a risk of overvaluation in the market? Then, diversify your positions. That's investing 101.
When the government tells you to stay calm and not panic, it is time to realize disaster is at hand.
Can not stop bcoz u still print money to wall street and create more wealth gap. Delay to increase interest to help big tech cos. DONT LIE TO ME AND US PPL.
Damn all those old people will never try to understand crypto. Need to pass term limits to keep old people out and fresh minds in.
The real inflation numbers are more like 14%. The Fed change the formula while back, this is the worst inflation we have seen in a very very long time. The Fed will tell you since the 90s, but thats not true they are using a new formula and comparing it against an old formula. They are doctoring the numbers, its that simple.
Just trying to understand the definition of a 'bubble' here. When Tesla dropped from $1100 to $500 that wasn't the popping of a Bubble? When Bitcoin dived from $64k to less than $30k that wasn't a bubble? WTF is a bubble guys and WTF is a pop? Does it need to drop 110% before you doom-sayers feel vindicated in your broken clock rants? Please help us out
crashed mirage 2000 in Madhya Pradesh
Quite an interesting point of view. Every other I watch and they're all contradicting, I have no idea who to believe
*5 SECOND ECONOMICS DEGREE* --->>>> Government waste equals inflation. _YOUR WELCOME_
It's gonna burst soon
This is a hangover of the Trump administration exacerbated by Covid
Who's the blonde in the back? Lmao
Let inflation run high for now because these greedy corporations need to pay.
Pakistan Embassy Report : 4 million Pakistanis lack bathroom
Dont. Fight. . Lee.
If the general public coast to coast are not waking up and take actions that benefits their country, then undisputable praise should be given for the FED. Naturally if we are not learning from the ignorance we create by ourselves to begin with, then blaming the actors of manipulation and corruption is not helpful.
I really hope the housing market burst because the people who will benefit the most are the majority of Americans who sees housing as a basic necessity and not a money making investment or commodity. The rise in rent and housing prices in the past couple of years has only benefitted those at the top. A lot of people are just looking to find a stable roof under their heads but theyre unable to do so currently because of the rich who has made housing into just another money making venture for themselves.
Yes, president Trump already started the process, but the socialist party wanted American more debts. The corruptions official corrupted every sectors which destroys our entire nation slowly and now we are facing inflation from many decades covered ups.
FED has been asleep, or deliberate sabotage is happening with money printer ( benefit the rich, at expense of poor). Stagflation is the next stop... especially under the "leadership" of the current administration
How to get views 101, say Tesla stock is a bubble.
et against America! love from India ️️.
Last massgae take care issue Subject as per educatioan
80% off all democrats have BTC from the stolen money that they need to hide and store somewhere els liberal make me sick
How is it that CEO's can keep sending their own pay to the moon isn't brought up when talking of price increases, but paying a living wage to employees will cause inflation and the end of the economy?
Great plan, don't invest your money and hope the price would go down... I'm going to buy some stocks, bit coin and Real Estate for now.
Can inflation be stopped? Yes, stop money printing now.
Y'all want y'all's cut let us get this money out of crypto.
The Rich think say were in A Bubble because LITERALLY they can Pop That Bubble Just by liquidating their Positions.
"Furthermore, the mass lockout in the world due to Corona has made the major countries know that the global warming did not happen because of factories but because of another reason which they hide from the world, and I know that they are guessing blindly that there is a planet approaching the Earth even though they have not seen it directly due to its different colours; to illustrate, white like the sun, red, and black so how are they going to see a planet that is covered with fire that is darker than a new moon, can you see a new moon despite its closeness to the Earth? It is the same case for planet Saqar when it is covered with intense black fire. But they will kshowthread.php?p=362934 3 #حرب_من_الله_كونيه_وكورونيه lwDk|Dnow about its coming from scientific theories through its effect on all the planets of the solar system, the sun, and the moon. And the sun has caught up with the moon due to the approach of Planet Saqar, so the full moon occurs ahead of its time before the night of the middle of the lunar month as a repetitive warning in the sky of humans but did not cause them any remembrance Moreover, consecutive climatic disasters are going to befall you and I do not think that it will cause you any remembrance as those fools who do not reason, awaited-mahdi.comthink, nor believe but what NASA announced, ignoring what Allah's caliph Al-Mahdi Nasser Mohammed Al-Yamani has stated of news that are the truest Words of Allah Lord of the worlds, but NASA and others hide this truth from the worlds and NASA the so-called protector of planet Earth from the dangers of the meteors of planetoids will not benefit you, and I swear by Allah they could not protect themselves from the Planetoid of the first Rajefah (quake). Indeed, Allah will target with the Planetoid of torment the United States of America and they would not be able to protect themselves and it will strike in the speed of light in the land behind the Atlantic Ocean in the USA, in line with the Word of Allah the Exalted: {And Our command is but one, like a glance of the eye. (50) And We have already destroyed your kinds, so is there any who will remember? (51) Al-Qamar -Chapter: 54 -Verses: 50-51" Imam Mahdi Nasser Mohammad Al-Yamani 08 - Rabi Awwal - 1443 AH 14 - October - 2021 AD 08:58 am (According to the official time of [Mecca] Mother of towns) ______________________ https:
This was fantastic. Much higher quality discussion than I expected. Thanks to all involved.
The problem is that the Fed is a central planner and central plans don't work.
Goes to show you that the Fed even with their "research" know near to nothing about cryptocurrencies.
the CPI isn't tracking energy and food since the early 80s ... inflation is like 15-20% in real terms ... #buybtc
Goes to show you that the Fed even with their "research" know near to nothing about cryptocurrencies.
NO! And is very dangerous, inflation and higher taxes, ppl gonna look to other countries to move. Biden and democrats are the worse thing that happened to the country Democrats are the masters of corruption and deception, they are not your friends, they are the corporate puppets.
Having Tesla in the thumbnail always helps with audience engagement lol
Tesla: the company other than accountable for its own product. Hey look over there, brain implants when solar panels and cars are exploding. Do I want my Tesla brain implant to explode too?
The hyperinflation created by the FED is maximizing employment, because working people can't afford to retire now and retirees are having to go back to work in order to survive.
Dont see any meaningful upside unless the index corrects to around 4300, im 100% cash now
Not until you get rid of Biden and democrats!! Democrats = communist
The anti-American sleazy SOB Gary Gensler was THANKFULLY body-slammed by this hearing. Congress needs to finish the job and knock him (and maybe the SEC) the F OUT.
Hertz is literally on Tesla's website smashing that buy button 100k times because Tesla doesn't give a damn about their order due to ridiculously high demand.
DXY < CRYPTO
North Korea: bans laughing
the dolor is spreading. that's what you get for messing around
That zandi guy was predicting market fall in 2019
extremely tiny 3 trillion economy will never be able to measure up to china's large well endowed 17 trillion economy
No actually all this stimulus money does have a positive correlation to the severe inflation that persists today...there is no denying that
This is not a serious inflation. Is a joke. Stop this insane panic.
All according to plan cit.
There is no business cycle. There is a monetary cycle that is politically motivated
Big gain on 2022 2nd half. 2023 will dive, 1st half, ......till 2024 olympic .
Another with a higher dislike to like ratio. This one has also been masked. Pravda comrade!
Call me crazy, but i see a correlation between higher inflation and happier times. At least more stable in general terms... I'm only 40. Anyone older can back me up on this??
under-employment, it became very clear that a young man's best opportunities were in military service.I graduated high-school in 1973. I took very literally the advise given Dustin Hoffman in the movie 'The Graduate'... PLASTICS! Executive wage-and-price controls were in effect under the Nixon-Ford Administrations, then shortly after the Carter Administration very morally granted our old friend Shah Reza Pallavi a visa for treatment of terminal cancer - the OPEC embargoed oil exports to the United States, which essentially hobbled our domestic plastics industry. After two years of unemployment
Can't know how I bumped onto this. Anyway Damn good ️. I also have been watching those similar from mStarTutorials and kinda wonder how you guys make these vids. MSTAR TUTORIALS also had cool info about similiar make money online things on his channel.
Tesla is not a bubble if you really understand what Tesla is you know its very undervalued
Wow this is one of the worst s on economics i've ever seen. Almost everyone talking sounded like a complete idiot, and the is filled with non-sequiturs. Terrible voiceover lines that make no sense as well. Does now purposely produce actual garbage?
Not one single person is afraid of Omicron
Yea Ill fix it
Hilarious, crypto to the Moon
Thanks sleepy creepy!
I can't understand the mandate for the federal reserve is supposed to be stability when they are the ones to cause even more unstable events. They should only ever control the money supply based on the population and not by natural disasters and now we're seeing the product of that happening. People always seem to blame companies first for a lot of the issues at hand whenever we have a crisis arise but don't understand who were the ones to start it and continue to produce more of them. Interest rates should be at least a couple of percentage points higher because these low interest rates are providing an incentive to just borrow freely without any repercussions. I can see why bitcoin was created to challenge the stupidity of the monetary system but again it's filled with corruption and flawed with the same issue with everyone trying to play mind games with the public to make it seem like it's a fair game. I truly think the best way to get a good money system in place that is based on merit and genuine work is by utilizing the blockchain concepts to monitor for fairness in all transactions instead of just making them public. Something that denies out weighted transactions and promotes balance and stability over the toxic growth mindset beyond everything mentality.
0:02 all that money and you can't get someone to level that tv on the left to fix that gap? this looks like some rs bedroom, not a professional tv set.
We should believe in and wall street right and what they say? LOL wake tf up ppl
Inflation will be the only thing anyone talks about next year. It is a lose-lose scenario. Buy oil companies and maybe financials and inverse Treasuries.....if you believe the Fed is really going to act. Japan has had zero % interest rate since 1999.
President's pay goes DOWN in the US. AI is a viable, looming threat and this is not a conspiracy theory. It's already doing stock trades faster than any human has a chance to.14:47 - The trades are such a field that is being neglected. 1 year and an apprenticeship can get you a $100k job. I am not kidding and have met some earning more than that annually. The day a computer is smarter than a CEO in predicting any consumer market is the day the modern CEO
Oh, I thought we were being told that inflation is a good thing now?
That seemed more like commitee R&D for their own CBDC.
*Senator:* "but if you don't sell a product, then how do you make money!?!?!?" *Bogdanoff:* "Senator......we pull rugs"
IT is really a stupid question to ask
<I see BTC at $75K by end of this year but Will always let anyone know to forget predictions and start making good profit now because future valuations are all speculations and guesses. The market is very unstable and you can't tell if it's going bearish or bullish. While myself and others are trading without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow .I was able to make 21 bTC in just November from implement in trades with tips and info from keith Brian Jerry>>
Buy Apple!!!
REMOVE THE CELL PHONES FROM CONGRESS MEMBERS. As a collective employer we should require their utmost attention.
its not going to stop china though! they are destined to become a superpower and we must accept that!
No they want us to have no choice but buy stocks n inflate there assets cuz we got not choice
boycott china made
1:18:00 its quite simple. Cryptos backed by US fiat is stupid and counter intuitive of the concept crypto. Fiat is backed by trust, fiat is continuously depreciating and losing its buying power, USD backed stablecoins = USD backed stable coins being highly unreliable.
why haven't wages risen in line with inflation if it has risen by more than 2% a year for decades?
That what happens when you print 2 trillion $ out of thin air.
my boyyyyyy bankman frieddd
Well, stop buying. Cut back to your essentials.
metals rise
Who else thinks should get some gold high lights in his hair to get the Rock Star of Stocks look? ;-)
No. The US governemnt is in no place to afford any interest rate right now. The only way is for other countries to hyper inflate before us or eliminate all high risk junk bonds
Nobody wants to pay more, yet the same people no want to charge less
"OmniCron will make You go to the John"
The only issue is there is way to many cryptos ... Coinbase was fine when it had 3 coins ... but over 100 is way to risky
@Ms. Garcia - @4:30:45 into the YOU FORGOT TO INCLUDED ASIANS IN QUESTIONS. ASIANS ARE PART OF THE MINORITY GROUP, IN CASE YOU HAVE FORGOTTEN. IM ALWAYS SICK AND TIRED WHEN PEOPLE FORGET TO INCLUDE ASIANS WHENEVER TALKING ABOUT MINORITY ISSUES. MOST IMPORTANTLY, NOT ALL ASAINS ARE WEALTHY. THERE QUITE A FEW ASAINS WHO ARE INDEED POOR.
What a terrible system we live in, we want some people to be unemployed and potentially homeless as well as prices to rise a certain amount! What a sinister thing to do to a population
The answer is YES. The United States once set double digit interest rates and inflation dropped. It also caused recession.
child
0:02 all that money and you can't get someone to level that tv on the left to fix that gap? this looks like some rs bedroom, not a professional tv set.
Even back in high school I would mouth off to the teachers telling them " working and a career are stupid and the whole system is a scam" they said I'd just flipping Burgers my whole life. . . . WELL WHOS LAUGHING NOW!!!! HAHAHAHAHA!
We stand on the shoulders of Satoshi
Hyperinflation is going to change everything. It's happening. It will happen in the US soon, and so the world.
Have to wath him report at 1.25x.
Mongoose coin lmaooooo
metals rise
In simple words : inflation form when you eat more than your earnings.
Are these people for real. Markets price the future I would have lost tonnes of gains of i had listened to these smartasses thank God i held on to my ether.
Translation: Push the market up and hold the bag long enough for us to get out.
Hows that Tariffs working out for ya? Trade wars are easy to win huh? :)
if the fed can: a) stop population growth b) stop people who invent new things like technology which take away jobs c) provide 100% job security
Hiden Poverty (World Bank Report 2021 - December )
Such a bs piece Let's talk manipulated market
Lol if Americans think they're broke wait until they get "free" federal health care for all modern day slavery
this isnt good optics for biden, should shut this down
Crypto CEO's talking to people like Maxine Waters....may as well be talking to a stump in the back yard. We need intelligent leaders and not 80 year old high school drama queens.
15 minutes of pro fed lies
PAIN GIVES A LESSON & EVERY LESSON CHANGES A PERSON.!!!*️️️
*short - NO, LONG - yes, but again - no, cuz to stop inflation FED should have risen interest rates, but FED lost it & stalling time, cuz any interest rates hikes means your mortgage will double& trulipple. Then bankruptcies. So FED will keep high Inflation and people will get poor. Other side is bankruptcy. No good options, cuz printing money costs, now US citizens will pay the price.*
Remember tala
It will pop when you least expect it.
Fingers crossed on housing. These prices are too damn high.
What about the Israeli government??
According to Michael Novogratz, CEO of Galaxy Digital and prominent advocate of the cryptocurrency industry, Ethereum currently stands as a more attractive investment option than Bitcoin. According to Novogratz, Bitcoin essentially acts as a hedge against inflation, while its rival Ethereum has more of an edge in a tech world.
Bitcoin fixes this.
To US goverment : less warmongering, care more for the people
Abolish the Fed!
Clowns
Brandon had a plan,,, a demolition plan and he is working on it.
Evelyn Alene Rhines is the best, recommending her to all beginners who wants to recover losses like I did.
The evolution of civilisation.
starts to sound bearish, it means we have big problems
Yes stop governments printing trillions
Inflation isn't that hard to stop and once you realize that you realize that central banks are doing on purpose
cut your credit cards, stop using your stupid phone and these guys will wither....we are run by criminals and biden is a criminal, just like all these presidents are. and it will continue. Ignorance is not bliss.
Love this! Lets see if this helps the dinosaurs evolve in their prehistoric way of thinking.
Excellent and even handed !
keşke otomatik şu altyazı olayını çökseydi
is probably not "exuberant" right now since there is just a lot of uncertainty for how the short term could look (the first half of the year) with omicron everywhere now. But the environment right now is still set up well for a positive year. Where most of the year's gains can be expected to happen in the second half of the year and likely will finish in the low teens, hence 11%.
The startup bubble is one that is going to explode big time soon. There are companies we don't even know of yet that are worthless.
That nose is enormous!
The more you are resistant the more you are schooled, eloquently.
It is not desirable for inflation to be stopped, or even slowed too much. The Central Bank's power are less and less as economies get bigger and bigger. And despite what we are told there is a disconnect between government fiscal policy and the policy of the Central Banks. CP is a poor metric, but one we have used for decades.
More deeper market plung is good for the nation and headache for heavily andebted nations who are surviving on market manipulation.
fking Lee!
1:48 except those things are not included in inflation calculations, lol.
Any body who believes this propaganda is dumb.
For a long time, China has been helping the United States to control inflation. Through a large number of cheap goods, it has helped the United States to keep inflation within 2% even when Federal Reserve printed a large amount of money. This kind of help to the United States even forced China to import a large number of oils and resources, and produced huge pollution and emissions. But Trump launched a trade war, drastically increased tariffs, as a result, increased the prices of Chinese goods imported by the United States, and coupled with the largest printing of money in human history. Thereby, it is so reasonable that the inflation was naturally out of control.
Higher wage jobs are going to be sent over shores Your going to need a graduate degree Only a former fed crony would make that claim so lightly without providing supporting evidence or exploring in depth the damning implications of being correct.
SNK 400x Coin NFT play to win Game, Small Market Cap backed by big names.
Nope not when we keep printing all this $
The inflation, Afghanistan, forever Covid, supply chain issues, Ukraine, Iran again enriching uranium and more are attributable to the global chaos Trump unleashed.
{Revelation 6:5-6} 5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand. 6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.
YES....FIRE BIDEN.
Inflation is a product of labor and pay checks not spending by the Fed and business Republicans would like to increase the labor shortage by keeping the Mexican labor their donors are bring in out of the country. The shortage probably comes because people in their 60s and 70s used the pandemic to retire. And labor shortages may not mean everyone is employed, rural people who won't go to a job are not going to be employed. The last 10 or 20% of employment are people with similar problems, some failed to be motivated and reliable maybe before high school, others say I don't want to work at Walmart or Amazon, and other personal issues that lead to a life of mostly unemployment.
Respectfully disagree to Liz Young.
Lol why Bitcoin and Tesla? Why not the entire US economy? Selection bias... Idgaf about your 1970s investor sentiment...
7."Can inflation be stopped???" This is the kind of insane liberal logic that permeates newsrooms and seeps into the brain of low information minds. As if it is some unstoppable virus spread from a crashing meteor and not the fault of morons who keep the money printing machines on 24
#Bitcoin
cut your credit cards, stop using your stupid phone and these guys will wither....we are run by criminals and biden is a criminal, just like all these presidents are. and it will continue. Ignorance is not bliss.
More than a paralegal in India, there is much better NLP and AI tools available to a lawyer now. I collaborated briefly with a CEO of a law tech startup who had degrees in law and CS, and people are developing much better search engines for lawyers. This doesnt mean no paralegals but it means when a paralegal retires or leaves the company, you may not need a replacement. A paralegal itself can do jobs of 2-3 paralegals because searching for relevant things are much easier than looking up physical books. The AI is not perfect but just like with vaccines where it can help focus on some candidate vaccines instead of whole gamut, a legal ML tool will easily go over the the stuff. The point is people often blame job loss due to job migration but jobs are reducing primarily because there is a revolution of tech. People dont understand that the AI revolution is as big as the industrial revolution. She is right people may need grad degrees in some fields. In others, if you are a smart coder in high school, you may not even need a degree. Again for most people, college is useful especially in future. But if someone is exceptionally motivated to learn on their own, they can probably manage without one - I.e. in the right field.
Economy....people out here doin bad
Oh, I thought we were being told that inflation is a good thing now?
At least Sherman called out con-base ha ha.
No.
One thing is clear, California politicians are a mess and embarrassment.
Funny how nobody mentioned "stealing" as an equivalent of gambling in bubbles. Commoners blame Wall Street for this speculative behavior, yet copy them...
is FUD, squeeze season is close they want you out of your AMC GME shares shorts havent closed positions.
No
Neo-liberal policies are the main reasons for this inflation. COVID-19 exposed the obvious. Endless wars, NAFTA with moving manufacturing outside the US, income inequality, corporatism, and so on.
When reality hits you in the face. Markets are flat in 2022. Allocate to fixed income.
under-employment, it became very clear that a young man's best opportunities were in military service.I graduated high-school in 1973. I took very literally the advise given Dustin Hoffman in the movie 'The Graduate'... PLASTICS! Executive wage-and-price controls were in effect under the Nixon-Ford Administrations, then shortly after the Carter Administration very morally granted our old friend Shah Reza Pallavi a visa for treatment of terminal cancer - the OPEC embargoed oil exports to the United States, which essentially hobbled our domestic plastics industry. After two years of unemployment
Most of this talk about inflation is just Republican fear-mongering to try to win back Congress next year. Sure, there are higher rates than normal, but its not caused by Bidens agenda, and this would still be happening under Trump. Its because theres a shortage of good jobs and workers, with demand skyrocketing as people come out of lockdown
Thanks biden
Investing has never been so mainstream, the money has to go somewhere right?
guess we going homeless
Most powerful Space agencies
NO.
Dogecoin AMC
China : building projects
This is not a serious inflation. Is a joke. Stop this insane panic.
Biden couldnt stop a nosebleed.
As someone who grew up in the '70s ... yaaaawwwwwnnn.
CCP the spook to the market
Lee ?
I'll laugh when others work for a few satoshis a month.
inflation goes up regardless of wage increases Fake news
Abolish the Fed!
How much did that lady pay cbnc? She doesnt seem have much expertise except mumbling meaningless words.
Pristine edge
Yes of course, what goes up comes down, but in this case not in a good way. Deflation is FED's nightmare.
awesome! I am very pleased that politicians are finally seriously addressing the issue. Germany is years away from that again ...
lmao... yeah... everybody sitting around the office with graduate degrees with no1 to do their work for them
What a terrible system we live in, we want some people to be unemployed and potentially homeless as well as prices to rise a certain amount! What a sinister thing to do to a population
current topics are blockchain, artificial intelligence or quantum computer, we have people who lead us and who hardly use a webcam or a common microphone. the future looks good. by the way, let's take a look at the dialogue that all the participants in the meeting had and this Sherman, oh God, the least informed but the worst attitude.
after graduation, I learned something from I can't forget, people don't want to fix problems so to take advantage of it. inflation cant be stopped because people up there makes use of it. low interest rates has little to do with growth, it only grows the financial markets. growth is about the people providing innovation or output.
No one trust you.
Did you know those 3 FEDERAL BANKS are only open to high net worth and INSTITUTIONAL INVESTORS for crypto.yah inclusion my a@@
Click bait.
se citizen in a village without wi-fi , they will act like as if someone who didn't saw there family for 30,000 years
Even the bond market bubble hasn't popped yet. The biggest Ponzi of all. Bringing an old w guy who's a gold bug to tell us Bitcoin is a bubble... might as well bring us a drug dealer to tell us why drugs are great for us
only way to stop it is to turn the printers off stop printing money its been proven no inflation when they turn printers on it starts back up now its to late 850 trillion been printed that all us bills in the world on top of uk printing money china printing money to much been printed 2 ways stop the printing let inflaion run its course crash or raise rates housing will crash forclosers sky rocket then crash ether way only way for evrrything to lvl back out is a crash and we will defult on the debt
How about this. Wallstreet needs to get titans together to help deliver vaccines to the rest of the world otherwise we will continue to have these variants hitting growth every so often. Is it going to be in the next three months that another variant causes another major sell-off and growth slow down?
I am already loving this . I heard for the first time the analogy with the 3 people required to drive a car from Andreas Antonopoulos and it's great to see they have probably watched his s to get Bitcoin education
US government NEEDS to put $100,000 into the banks of ALL Americans! Americans just keep getting battered by nature, corrupt politics, no livable wages, no healthcare, no chance to self actualization! China is watching and planning attack in the next 10 years! HAARP evil technology executed onto Americans
Rep Waters' questions so naive & unrealistic it is clear that she has NO understanding of PAXOS or cryptocurrencies
bubble
$MOS Best commodity play on fertiliser
Where is the accountability. Who is responsible for the inflation. No one cares
Elon Musk is the next Elizabeth Holmes...........
Die kapitalisms ist GWG´
extremely tiny 3 trillion economy will never be able to measure up to china's large well endowed 17 trillion economy
YES....FIRE BIDEN.
I'm sick of J Powell and Dr fauci
At least Sherman called out con-base ha ha.
Yahoo will destroy soon by the great dragon
This is actually the best time!
What about your santa rally????
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they dont cut their losses short.
No, over spending
Who cares.
Without the FED the US would be more prosperous.
Glad people are starting to agree with Austrian economist
"Lumber's a thing" So were Tulips. That's not a good reason to consider something NOT a bubble.
Mr Emmer what is the price discovery of gold and silver? XD and all other finances 1.0 if you print money and give it to the bancs that has the assets!!
The answer is YES. The United States once set double digit interest rates and inflation dropped. It also caused recession.
nization
I wonder whos problem this is?
Can the US shut up about inflation?
USA USA USA
LETS GOOO PAPA
Super positive session there ... bullish
buy I Bonds. Over 7% now.
world Governmental debt and out of control money printingThis article is flawed inflation is caused in a large part by excessive money printing. They did not even mention this among the causes that have led to this wave of inflation. In fact there are multiple causes of inflation that are all made worse by the national
They're talking about run-of-the-mill inflation driven by wage-price spirals, and saying that's how you get an inflationary spiral. In my mind, that's not the only way. We have a fiat currency and it's value is really derived from people's faith in it's value. You can print money and encourage borrowing etc, but much like stock market bubbles, there is a tipping point in there when all the feedbacks turn from negative to positive. Normally, you hold money, it holds it's value, there's no real push to gain or spend it. If you think inflation is going to increase, it now becomes a hot potato that you want to spend as soon as you get it. You do this by buying useful assets like houses, land, food, things you need. When everyone does this it drives up the price, which would normally dampen demand, but if the expectation that money will continue losing value and the price will only increase, then the price doesn't matter anymore. Sellers can ask arbitrarily high prices. But who's going to sell into this and accept that money? Thus supply goes down at the same time demand goes up, further exacerbating the situation. The government has been pumping new money into the economy to try and stimulate it, yet velocity stays low. Who needs to spend all that money under normal circumstances? But what happens when it all starts losing value? All that "cold" money suddenly turns hot, and the *effective* money supply suddenly increases. Meanwhile, everyone is also incentivized to borrow as much as possible to "short" the currency, further increasing the supply. But who wants to lend into this? The credit market slows, and the government steps in as "lender of last resort" again....using printed money. Meanwhile, the massive amounts of money tied up in the stock market suddenly need a new home. I mean, who wants to hold a stock when all you can get out of it is increasingly worthless money. You paper gains are impressive, but it's only a reflection of the fact your asset is losing value, because the only value it has is denominated in dollars (rather than any kind of tangible use). I mean it goes on and on. Wage-price spirals may be a part of 'normal' inflation but they don't really play into hyperinflation.
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