Well, I looked at my watch, it was 9:54 I said, "Dance ballerina girl, go, go, go go" And we go, reelin' and rockin' We was reelin' and rockin', and rollin' 'til the break of dawn
And while the Nasdaq is off its all time high, it was the day's biggest gainer percentage wise, up 1.12% vs. S&P +0.76% and DJIA +0.59%.
And in a similar vein, there's that Timbuk 3 song:
"Things are going great, and they're only getting better I'm doing alright, getting good grades The future's so bright, I gotta wear shades"
Find the latest Western Asset Emerging Markets Debt Fund Inc. (EMD) stock quote, history, news and other vital information to help you with your stock trading and investing.
For those interested, there was a question posted on the Santa Monica Track Club history. As an early member I answered with some history, with a follow question answered on the uniform logo. In case you are, you should find it on the first or second page for a couple of hours: History of Santa Monica Track Club.
Igy
This post was edited 4 minutes after it was posted.
True, nobody would suggest otherwise. If I may, though, I will point out that your numbers, if correct, suggest long-term annual returns of 6.4%, if I've done the math correctly. That's not TOO far off the risk-free return from long-term average yield of 10 to 30 year treasuries.
Yes, add in dividends you are up around 11% - not too shabby.
REMASTERED IN HD!Official Music Video for U Can't Touch This performed by MC Hammer.Follow MC HammerInstagram: https://www.instagram.com/mchammerTwitter: htt...
this was a big worry last year - a low saving rate suggested tapped-out consumers. But nah. Consumers led the economy in 2023. Just one more thing we were told to worry about that didn't mean anything.
And yes the savings rate is still very low today.
Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator This chart from Bank of America on the U.S savings rate is astounding. Excluding a very brief peroid in 2005, savings rates are at their lowest level since the Great Depression.
this was a big worry last year - a low saving rate suggested tapped-out consumers. But nah. Consumers led the economy in 2023. Just one more thing we were told to worry about that didn't mean anything.
And yes the savings rate is still very low today.
Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator This chart from Bank of America on the U.S savings rate is astounding. Excluding a very brief peroid in 2005, savings rates are at their lowest level since the Great Depression.
6:02 PM · Jan 21, 2023 · 79.2K Views
RE: US Real GDP and Consumption. (so agip doesn't get apoplectic)
Joe Politano, former economist at the BLS, had an interesting post yesterday.
"The US economy closed out 2023 by beating expectations yet again—in Q4, GDP grew at a 3.3% annualized rate amidst a wide-ranging expansion led by some of the fastest real consumption growth of the last two years. Were it not for a large temporary drop in motor vehicle output caused by the United Auto Workers’ strike, GDP growth would have been even higher—likely north of 4% annualized. Still, domestic investment increased despite higher interest rates, government output continued its steady recovery, and net exports rose as the trade deficit narrowed."
The S&P 500 (SNPINDEX: ^GSPC)recently reached a new record high for the first time in more than two years. That means the index is officially in bull market ...
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