Growing optimism about U.S. economy pushes stocks to record levels, deficits also falling faster than expected

  • TroyAthlete

    Posts: 4269

    May 14, 2013 10:17 PM GMT
    http://money.cnn.com/2013/05/14/investing/stocks-markets/index.html?hpt=hp_t1A growing sense of optimism about the U.S. economy pushed stocks to record levels Tuesday, even as the market's fear gauge flashed red.

    The Dow Jones industrial average and the S&P 500 both closed at new record highs, while the Nasdaq gained 0.7%.

    Stocks have gained between 16% and 17% so far this year, driven largely by the Fed's easy money policies.

    Investors have also been encouraged by continued signs of improvement in the U.S. economy, said Paul Zemsky, market strategist at ING Investment Management, pointing to a report Tuesday on small business confidence.

    "We keep getting bits of slightly better news that tells you the economy is OK," said Zemsky.


    http://money.cnn.com/2013/05/14/news/economy/deficits-falling/index.html?hpt=hp_t2Annual deficits are falling even faster than the Congressional Budget Office predicted back in February. And the country's total debt is set to fall as share of the economy for a few years.

    But the downward trend won't last since lawmakers haven't implemented measures to address the long-term drivers of the country's debt.


    Good news, but we could be doing better on the economy if it weren't for Republican obstructionists in Congress blocking the jobs bill and blocking tax hikes on corporations and the super rich -- amongst other stimulus measures.
  • TroyAthlete

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    May 15, 2013 4:59 PM GMT
    Riddler bump
  • TroyAthlete

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    May 15, 2013 5:26 PM GMT
    Gold and bandwidth indicators show economic recovery

    http://www.forbes.com/sites/markpmills/2013/04/19/bullish-economic-indicators-gold-and-global-bandwidth-prices-both-fall/To find some good news about the global economy you have to go digging.

    Analysts, notably John Tamny in the Wall Street Journal, see the fall in gold prices as bullish for economic growth. Think of falling gold prices as a trailing indicator of investments shifting from safety to optimism. Moving cash from gold to growth.

    For a leading indicator we don’t dig but dive to the bottom of the world’s oceans where we find submarine fiber-optics cables that carry the world’s information – the measure and the engine of future growth. There the figure of merit is the cost of bandwidth, dollars per gigabyte not ounce, seemingly ethereal but anchored very much in the physical world of hundreds of thousands of miles of oceanic cables. Technology and infrastructure expansion have led to bandwidth prices at record lows too, down over three-fold in the past five years.

    Communications are the modern era’s critical infrastructure and a central feature of economic growth. Cheaper is always better. And if supply is available, growth will follow.
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    May 15, 2013 5:43 PM GMT
    TroyAthlete saidRiddler bump



    icon_lol.gif
  • TroyAthlete

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    May 15, 2013 6:46 PM GMT
    meninlove said
    TroyAthlete saidRiddler bump



    icon_lol.gif


    Someone has to combat the right's constant barrage of anger and negativity. icon_wink.gif
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    May 15, 2013 8:34 PM GMT
    TroyAthlete said
    meninlove said
    TroyAthlete saidRiddler bump



    icon_lol.gif


    Someone has to combat the right's constant barrage of anger and negativity. icon_wink.gif


    Transparent attempt at projecting onto others what's in the mirror. We are onto you, mister democrat activist. You and your talking points.

    Where is the left's usual denunciation of rich wall street types getting richer while everyone else still suffers? Lots of people I know are still struggling, or trying to find any job at all. My house is still worth almost $100,000 less than what I paid for it 9 years ago. The DOW being up merely means that a correction or crash is coming. It doesn't mean everything is now peachy. If it were a republican in the White House, there would be endless news reports of how much misery there is. And don't try and call this anger and negativity, it's just a practical look at your assertion. Negativity would be all the name calling that you engage in, in every post.
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    May 15, 2013 9:50 PM GMT
    And yet, when these key economic indicators were in the negative, many conservatives (including those on this site) were very quick to cite them as evidence of the lack of recovery. They can't have it both ways.
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    May 15, 2013 9:58 PM GMT
    Not me.......
  • Posted by a hidden member.
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    May 15, 2013 10:20 PM GMT
    Blakes7 saidNot me.......


    Bad investments obviously....
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    May 15, 2013 10:29 PM GMT
    Ex_Mil8 saidAnd yet, when these key economic indicators were in the negative, many conservatives (including those on this site) were very quick to cite them as evidence of the lack of recovery. They can't have it both ways.


    And yet, even during the Bush recovery during his Administration, many liberals persistently pointed to relatively poor job growth that was still better than it is now.

    It's good that the economy is recovering, but that it's doing so so slowly isn't a good thing and it was also predicted. I'm still worried about the year(s) ahead given the uncertainty over Obamacare, and likely other regulatory events - on the other hand, one big positive that's happening right now is the emergence of cheap energy.
  • TroyAthlete

    Posts: 4269

    May 16, 2013 5:32 AM GMT
    Blakes7 saidNegativity would be all the name calling that you engage in, in every post.


    No that's called truth-telling. You Republicans are so full of shit that it shocks you when someone calls you on it.
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    May 16, 2013 7:26 AM GMT
    riddler78 said
    Ex_Mil8 saidAnd yet, when these key economic indicators were in the negative, many conservatives (including those on this site) were very quick to cite them as evidence of the lack of recovery. They can't have it both ways.


    And yet, even during the Bush recovery during his Administration, many liberals persistently pointed to relatively poor job growth that was still better than it is now.

    It's good that the economy is recovering, but that it's doing so so slowly isn't a good thing and it was also predicted. I'm still worried about the year(s) ahead given the uncertainty over Obamacare, and likely other regulatory events - on the other hand, one big positive that's happening right now is the emergence of cheap energy.


    The Bush recovery? Bush came into office with a surplus and quickly turned that into a deficit for all the years of his terms.
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    May 16, 2013 10:23 AM GMT
    No president can spend half a crown on his own. The House of Representaives in congress originates all spending bills. You gotta remember that. And even if someone did something wrong in the past, must we keep up that bad practice, or can we learn from it?
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    May 16, 2013 10:25 AM GMT
    TroyAthlete said
    Blakes7 saidNegativity would be all the name calling that you engage in, in every post.


    No that's called truth-telling. You Republicans are so full of shit that it shocks you when someone calls you on it.



    Now you're starting to get abusive. What is your position on bullying? Is it ok to be nasty to someone with a different opinion? Think very carefully about your answer, keeping consistancy in mind.
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    May 16, 2013 11:16 AM GMT
    Blakes7 said
    TroyAthlete said
    Blakes7 saidNegativity would be all the name calling that you engage in, in every post.


    No that's called truth-telling. You Republicans are so full of shit that it shocks you when someone calls you on it.



    Now you're starting to get abusive. What is your position on bullying? Is it ok to be nasty to someone with a different opinion? Think very carefully about your answer, keeping consistancy in mind.


    Starting???? Actually, in an email, Rue Paul threatened to file criminal charges against CharleyChase90232 for harassment and bullying. It's in one of these threads somewhere in the last couple of days.

    Edit: this one http://www.realjock.com/gayforums/3163942/?forumpage=3

    So I gather that it's perfectly fine if a lefty does it and not so fine if a righty does it. That's the way the world works according to Rue Paul.
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    May 16, 2013 11:18 AM GMT
    Ex_Mil8 said
    riddler78 said
    Ex_Mil8 saidAnd yet, when these key economic indicators were in the negative, many conservatives (including those on this site) were very quick to cite them as evidence of the lack of recovery. They can't have it both ways.


    And yet, even during the Bush recovery during his Administration, many liberals persistently pointed to relatively poor job growth that was still better than it is now.

    It's good that the economy is recovering, but that it's doing so so slowly isn't a good thing and it was also predicted. I'm still worried about the year(s) ahead given the uncertainty over Obamacare, and likely other regulatory events - on the other hand, one big positive that's happening right now is the emergence of cheap energy.


    The Bush recovery? Bush came into office with a surplus and quickly turned that into a deficit for all the years of his terms.


    If Bush came into office with a surplus why does the US treasury show that that the debt increased in the year that Bush came into office and Clinton left office? And by recovery - I mean what economists called a recovery - and what this is now - given the anemic job growth that is nowhere near what was estimated.

    Let's review.

    updated%20unemployment%20stimulus%20grap

    What were you saying? This pretty much shows how useless your views are. You can't even acknowledge facts when they exist so plainly. I note that at least there is a recovery with respect to Obama's term but I also note the tremendous costs that have been spent.

    I also note that the one massive form of stimulus that isn't actually costing the US treasury is the energy boom that is happening in spite of government opposition (because it is occurring almost entirely on private lands). Meanwhile, the Obama Administration has instituted some of the most regulation in history. Do you think this is and will be costless to the economy?
  • TroyAthlete

    Posts: 4269

    May 16, 2013 6:05 PM GMT
    freedomisntfree said
    Blakes7 said
    TroyAthlete said
    Blakes7 saidNegativity would be all the name calling that you engage in, in every post.


    No that's called truth-telling. You Republicans are so full of shit that it shocks you when someone calls you on it.



    Now you're starting to get abusive. What is your position on bullying? Is it ok to be nasty to someone with a different opinion? Think very carefully about your answer, keeping consistancy in mind.


    Starting???? Actually, in an email, Rue Paul threatened to file criminal charges against CharleyChase90232 for harassment and bullying. It's in one of these threads somewhere in the last couple of days.

    Edit: this one http://www.realjock.com/gayforums/3163942/?forumpage=3

    So I gather that it's perfectly fine if a lefty does it and not so fine if a righty does it. That's the way the world works according to Rue Paul.


    Oh, Lord, racist, right-wing, homophobic Methuselah's back. I was guessing you finally died from stupidity and loneliness.

    What right-wingers here call "bullying" is really just their inability to handle the truth. They are used to spewing bullshit and nonsense, and not used to a Democrat who is not intimidated by them in the least.

    The fact is I know you guys are partisan nuts -- that's what you can't stand. Look at yourselves, conservanuts: most of you are not verified profiles, not one of you uses real pictures. You're sock account trolls, phonies, facts, dishonest liars, hiding behind the anonymous internet.

    You're a joke, and I will continue to call you out. If you don't like like it, I suggest you grab a tissue and wipe out your vaginas. I really could care less about your whining because you all can't handle the truth of your daily fails. *shrug*
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    May 16, 2013 7:45 PM GMT
    Keep going, I can't take a hint. icon_wink.gif


    The more you screech and insult, the more likely you will be kicked out.
  • TroyAthlete

    Posts: 4269

    May 16, 2013 8:12 PM GMT
    Blakes7 saidKeep going, I can't take a hint. icon_wink.gif


    The more you screech and insult, the more likely you will be kicked out.


    Oh look: another unverfified phony right-wing astroturf profile chimes in. I'm shaking in my boots.

    Smarter right-wingers with real profiles have tried and failed, boo. You're a fake hack: but keep wishin' and hopin'.
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    May 16, 2013 9:50 PM GMT
    TroyAthlete said
    freedomisntfree said
    Blakes7 said
    TroyAthlete said
    Blakes7 saidNegativity would be all the name calling that you engage in, in every post.


    No that's called truth-telling. You Republicans are so full of shit that it shocks you when someone calls you on it.



    Now you're starting to get abusive. What is your position on bullying? Is it ok to be nasty to someone with a different opinion? Think very carefully about your answer, keeping consistancy in mind.


    Starting???? Actually, in an email, Rue Paul threatened to file criminal charges against CharleyChase90232 for harassment and bullying. It's in one of these threads somewhere in the last couple of days.

    Edit: this one http://www.realjock.com/gayforums/3163942/?forumpage=3

    So I gather that it's perfectly fine if a lefty does it and not so fine if a righty does it. That's the way the world works according to Rue Paul.


    Oh, Lord, racist, right-wing, homophobic Methuselah's back. I was guessing you finally died from stupidity and loneliness.

    What right-wingers here call "bullying" is really just their inability to handle the truth. They are used to spewing bullshit and nonsense, and not used to a Democrat who is not intimidated by them in the least.

    The fact is I know you guys are partisan nuts -- that's what you can't stand. Look at yourselves, conservanuts: most of you are not verified profiles, not one of you uses real pictures. You're sock account trolls, phonies, facts, dishonest liars, hiding behind the anonymous internet.

    You're a joke, and I will continue to call you out. If you don't like like it, I suggest you grab a tissue and wipe out your vaginas. I really could care less about your whining because you all can't handle the truth of your daily fails. *shrug*


    "Oh, Lord, racist, right-wing, homophobic Methuselah's back"

    What on earth ever made you think I left?

    "I know you guys are partisan nut"

    And you're not sweetheart?

    Lunch is on you, Rue

    photo IMG_20130516_150833_607-2.jpg

  • TroyAthlete

    Posts: 4269

    May 17, 2013 12:48 AM GMT
    freedomisntfree saidNonsense



    OOoooooooooh, you posted a picture of Chick-fil-A. Oh, man, I'm *really* angry now. /end sarcasm

    You can eat at Chick-fil-A every day and twice on Sunday: I really don't care, and in fact I encourage you to do so. We don't need to see pictures of the food that's giving you heart disease, we already know you have one foot in the grave. I'd post pictures of my last meal at Chick-fil-A, but unlike you I'm not stupid and self-absorbed enough to think anybody gives a crap. My only suggestion is that you order more next time -- it'll hasn't your impending death that's going to exponentially reduce the gay community's stupid quotient.

    Please proceed Methuselah. Hahahahaha.
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    May 17, 2013 1:00 AM GMT
    freedomisntfree said
    Blakes7 said
    TroyAthlete said
    Blakes7 saidNegativity would be all the name calling that you engage in, in every post.


    No that's called truth-telling. You Republicans are so full of shit that it shocks you when someone calls you on it.



    Now you're starting to get abusive. What is your position on bullying? Is it ok to be nasty to someone with a different opinion? Think very carefully about your answer, keeping consistancy in mind.


    Starting???? Actually, in an email, Rue Paul threatened to file criminal charges against CharleyChase90232 for harassment and bullying. It's in one of these threads somewhere in the last couple of days.

    Edit: this one http://www.realjock.com/gayforums/3163942/?forumpage=3

    So I gather that it's perfectly fine if a lefty does it and not so fine if a righty does it. That's the way the world works according to Rue Paul.


    Yeah he "flipped his wig" on that one. All I did was post a picture comment (which he had the ability to approve prior to making it public) saying that he looks like RuPaul without his wig and that sent him over the edge. Foooooo-Paul! LOL
  • TroyAthlete

    Posts: 4269

    May 17, 2013 1:34 AM GMT
    CharleyChase90232 saidBullshit from a bullshitter


    I don't know why this phony, fake, fraudulent troll thinks I or anybody else cares about what he spews. Sock accounts are so pathetic, and just about every one of them is a Republican. Coincidence? I think not. I would be ashamed to show my real self too if I subscribed to the GOP and its racism, homophobia, greed, and general stupidity.

    These lonely, pathetic, single-digit IQ trolls who have nothing better to do that spam website from which they have been banned are complete phonies whom nobody takes seriously. *shrug*

  • Posted by a hidden member.
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    May 17, 2013 2:11 AM GMT
    TroyAthlete said
    CharleyChase90232 saidBullshit from a bullshitter

    I don't know why this phony, fake, fraudulent troll thinks I or anybody else cares about what he spews. Sock accounts are so pathetic, and just about every one of them is a Republican. Coincidence? I think not. I would be ashamed to show my real self too if I subscribed to the GOP and its racism, homophobia, greed, and general stupidity.

    These lonely, pathetic, single-digit IQ trolls who have nothing better to do that spam website from which they have been banned are complete phonies whom nobody takes seriously. *shrug*

    I'm glad to give this a bump. These Republican trolls are the worst thing about this site, which I otherwise love. They deservedly get banned for their TOU/TOS violations, but keep returning here with sock accounts.

    They oppose gay civil rights, endorse racial, gender and minority discrimination, cheer the accumulation of wealth by the 1% while the 99% go broke. You really have to wonder why they come to a gay site.

    But then, no, it kinda makes sense. We know the Right sends agents to disrupt sites like this. It's unavoidable that a site as big as RJ would have some of these provocateurs here. But fortunately we quickly recognize them, and understand their hostile agenda.

    But I still wonder: do they get paid by the post, or by the word? I kinda lean to the post, since there's a guy here who posts in bursts of 1 a minute, 6 or more at a time. His income must be nice, since he's here all the time, no other visible means of support.
  • Posted by a hidden member.
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    May 17, 2013 2:12 AM GMT
    TroyAthlete said
    CharleyChase90232 saidBullshit from a bullshitter


    I don't know why this phony, fake, fraudulent troll thinks I or anybody else cares about what he spews. Sock accounts are so pathetic, and just about every one of them is a Republican. Coincidence? I think not. I would be ashamed to show my real self too if I subscribed to the GOP and its racism, homophobia, greed, and general stupidity.

    These lonely, pathetic, single-digit IQ trolls who have nothing better to do that spam website from which they have been banned are complete phonies whom nobody takes seriously. *shrug*



    That's RIGHT Ru. Dont know why you wasted your time pointing out the obvious or maybe you are the only one who realizes this so you had to point it out for all the other "single-digit IQ" folks here. Anyways you probably feel better now that you wrote that so go try on another one of your wigs LOL