Sports Terrible jobs number? Market makes new highs

Discussion in 'The Howard Stern Show' started by Stew Nod, Jun 6, 2016.

  1. Stew Nod

    Stew Nod Hello VIP

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    Anyone wonder why? I know. I'll hang up and take your calls :coffee:

    [​IMG]
     
  2. BrulesRules

    BrulesRules Just grab 'em in the biscuits VIP

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    Investors are excited about the prospects of companies slashing costs at the expense of the common man?
     
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  3. FishySausage

    FishySausage Original Nuttah VIP Gold

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    The stock market has little to do w the day-to-day issues of the working man
     
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  4. Stew Nod

    Stew Nod Hello VIP

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    No fed rate hike...more printing

    Bad news is good news if you're a bank....Go Murica
     
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  5. BrulesRules

    BrulesRules Just grab 'em in the biscuits VIP

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    will they at least still give out free lollipops at the teller desks?
     
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  6. Stew Nod

    Stew Nod Hello VIP

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    :jj:
     
  7. HypocriteHowie

    HypocriteHowie Well-Known Member

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    Sure the lollipops are free, unfortunately using a teller will cost you $4.95.
     
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  8. JameGumb

    JameGumb We're all out of toner!

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    I imagine they're sporting boners over anticipation of the TPP bill.
     
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  9. Stew Nod

    Stew Nod Hello VIP

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    Gumb.....Jame

    Loodles
     
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  10. Kool

    Kool Well-Known Member

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    Man....Trump flips flops like crazy. Very bad!
     
  11. CrucifiedAGT

    CrucifiedAGT He's Around VIP

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    Speaking of.....

     
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  12. Johnnykstaint

    Johnnykstaint VIP Extreme Gold

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    Good thing no one needs to see a teller anymore @Babs @J High
     
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  13. BrulesRules

    BrulesRules Just grab 'em in the biscuits VIP

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    I was afraid you'd find this thread :hhh:
     
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  14. Coke Can Baby

    Coke Can Baby Don't be a skunk

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    Bad news means the f'ed will not raise interest rates which will keep borrowing low,

    Too much bad news would push the fed into some kind of stimulus. Stimulus money never hits Main Street but is funneled into Wall Street stocks, inflating their prices. The fed's motivation is to create a wealth effect, whereby people think they are richer because of their 401ks etc despite the fact their jobs got shipped to paco in mexico.

    All that wealth inequality that we read about is caused by the federal reserve bank which expanded its balance sheet by a tremendous factor during the Obama administration
     
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  15. Johnnykstaint

    Johnnykstaint VIP Extreme Gold

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    I have a bank teller allert...
     
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  16. larryluncg

    larryluncg Empty VIP

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    I want to punch that Yellen in the face. She should shut the fuck up already about interest rates rising.

    It's not going to happen this year.
     
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  17. jokeland

    jokeland Well-Known Member VIP

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    ATM is considered a teller visit
     
  18. unclefreddy

    unclefreddy Well-Known Member

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    Fuck Wall STreet, this is all about .25 of a point. I'd say raise interest rates to 2%, you would immediately see housing sales soar because people would be prodded to buy before rates go even higher and more people would put their money in the bank. They are not spending it anyway.
     
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  19. Stew Nod

    Stew Nod Hello VIP

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    Thank you
     
  20. Johnnykstaint

    Johnnykstaint VIP Extreme Gold

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    Havent run into a fee for using my own bank's atm yet.