DC Tom Posted August 18, 2009 Share Posted August 18, 2009 Always has and always will? Nothing was ever done to help the market move forward? Why does anyone give a sh-- about the market? The market's not the economy. Link to comment Share on other sites More sharing options...
pBills Posted August 18, 2009 Share Posted August 18, 2009 Why does anyone give a sh-- about the market? The market's not the economy. Thanks Tom Link to comment Share on other sites More sharing options...
Fingon Posted August 18, 2009 Share Posted August 18, 2009 Why does anyone give a sh-- about the market? The market's not the economy. An ignorant statement if I've ever seen one. Link to comment Share on other sites More sharing options...
X. Benedict Posted August 19, 2009 Share Posted August 19, 2009 An ignorant statement if I've ever seen one. Was the economy really that bad on Monday, October 19, 1987? I think Tom's got a point. Link to comment Share on other sites More sharing options...
DC Tom Posted August 19, 2009 Share Posted August 19, 2009 Was the economy really that bad on Monday, October 19, 1987? I think Tom's got a point. On 9/12/01, the economy wasn't even in business. Didn't you get the memo? Link to comment Share on other sites More sharing options...
Fingon Posted August 19, 2009 Share Posted August 19, 2009 Was the economy really that bad on Monday, October 19, 1987? I think Tom's got a point. Yeah, who cares about the system that contains more than 25% of all the assets in this country? Who cares that it is, by far, the biggest collection of liquid assets in the world. Do you want to know where the money for business operations in the USA comes from? That's right... the stock market, bonds, CODs, etc... So yeah, !@#$ the markets. We'll see how well the US economy does when there are no liquid assets to fuel it. Link to comment Share on other sites More sharing options...
Alaska Darin Posted August 19, 2009 Share Posted August 19, 2009 Yeah, who cares about the system that contains more than 25% of all the assets in this country? Who cares that it is, by far, the biggest collection of liquid assets in the world. Do you want to know where the money for business operations in the USA comes from? That's right... the stock market, bonds, CODs, etc... So yeah, !@#$ the markets. We'll see how well the US economy does when there are no liquid assets to fuel it. Now you're trying to take words from people's keyboards. The fact is the stock market is PART of the ECONOMY. The two are not mutually exclusive of each other but the market by itself is not the economy. No one was saying "!@#$ the market". Not the point at all. Link to comment Share on other sites More sharing options...
/dev/null Posted August 19, 2009 Share Posted August 19, 2009 On 9/12/01, the economy wasn't even in business. Didn't you get the memo? Just on 9/12/01? How about the economy shuts down every weekend and holiday. When the economy is open it's only open from 09:30-16:00, and sometimes only half days. Too bad people can't do business any other time Link to comment Share on other sites More sharing options...
Fingon Posted August 19, 2009 Share Posted August 19, 2009 Now you're trying to take words from people's keyboards. The fact is the stock market is PART of the ECONOMY. The two are not mutually exclusive of each other but the market by itself is not the economy. No one was saying "!@#$ the market". Not the point at all. So no one should give a sh-- about the market? Link to comment Share on other sites More sharing options...
DC Tom Posted August 19, 2009 Share Posted August 19, 2009 So no one should give a sh-- about the market? Not to the point of making policy to maximize the Dow's performance. The economy drives the markets, not the other way around. Link to comment Share on other sites More sharing options...
Chef Jim Posted August 19, 2009 Share Posted August 19, 2009 Not to the point of making policy to maximize the Dow's performance. The economy drives the markets, not the other way around. However a bull market does drive confidence and optimism just as a bear hurts them. People tend to spend money during good times, whether they're are real or percieved so the markets do tend to be a factor in the economy. Link to comment Share on other sites More sharing options...
Magox Posted August 19, 2009 Author Share Posted August 19, 2009 Not to the point of making policy to maximize the Dow's performance. The economy drives the markets, not the other way around. All though I do for the most part agree with you, there are exceptions. If the Federal Reserve prints enough money the price of "stuff" including stocks will go up. Link to comment Share on other sites More sharing options...
The Big Cat Posted August 19, 2009 Share Posted August 19, 2009 Yes, if there's one group of people who've always got their thumb on the pulse of the political economic minutia of America, it's the American public. Link to comment Share on other sites More sharing options...
TPS Posted August 19, 2009 Share Posted August 19, 2009 All though I do for the most part agree with you, there are exceptions. If the Federal Reserve prints enough money the price of "stuff" including stocks will go up. Why, if the FED has been "printing (so much) money" over the past year, are prices stable or in fact falling? Link to comment Share on other sites More sharing options...
Magox Posted August 19, 2009 Author Share Posted August 19, 2009 Why, if the FED has been "printing (so much) money" over the past year, are prices stable or in fact falling? Well, let's see here. Take a look at these charts, http://www.chartingstocks.net/2009/06/us-m...-updated-chart/ http://www.chartingstocks.net/2009/03/char...pply-1917-2009/ then you tell me frightening Link to comment Share on other sites More sharing options...
John Adams Posted August 19, 2009 Share Posted August 19, 2009 Why, if the FED has been "printing (so much) money" over the past year, are prices stable or in fact falling? Deflationary pressures offsetting inflation. Most of the money is not M1 money, ie, it's not spendable but just on the books. All the TARP money for instance, went to banks to make them solvent. Link to comment Share on other sites More sharing options...
TPS Posted August 19, 2009 Share Posted August 19, 2009 Deflationary pressures offsetting inflation.Most of the money is not M1 money, ie, it's not spendable but just on the books. All the TARP money for instance, went to banks to make them solvent. Correct. However, people (like Magox) have been repeating the mantra that the Fed has been printing money which will cause inflation. The Fed has been increasing reserves to the banking system, and reserves are part of the monetary base--the graphs that Magox linked to. The reserves are simply an electronic credit to the banks. Just as the Fed can giveth reserves, so can it taketh. As long as there are excess resources (i.e. high unemployment), there will be no inflation, no matter how many electronic chits the Fed gives to the banking system... Link to comment Share on other sites More sharing options...
Magox Posted August 19, 2009 Author Share Posted August 19, 2009 Deflationary pressures offsetting inflation.Most of the money is not M1 money, ie, it's not spendable but just on the books. All the TARP money for instance, went to banks to make them solvent. its just a matter of time before it filters out to the real economy J.A Once property and commercial real estate values stop their decline, and unemployment actually turns into employment, a lot of that money will filter it's way through credit extension and then things will turn quickly Link to comment Share on other sites More sharing options...
Magox Posted August 19, 2009 Author Share Posted August 19, 2009 Correct. However, people (like Magox) have been repeating the mantra that the Fed has been printing money which will cause inflation. The Fed has been increasing reserves to the banking system, and reserves are part of the monetary base--the graphs that Magox linked to. The reserves are simply an electronic credit to the banks. Just as the Fed can giveth reserves, so can it taketh. As long as there are excess resources (i.e. high unemployment), there will be no inflation, no matter how many electronic chits the Fed gives to the banking system...you nand I have had this discussion before, we just disagree. We will see Link to comment Share on other sites More sharing options...
Alaska Darin Posted August 20, 2009 Share Posted August 20, 2009 So no one should give a sh-- about the market? How in the !@#$ is that the conclusion from the post you're quoting? Are you looking to get bashed or are you just really !@#$ing stupid? Link to comment Share on other sites More sharing options...
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