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Topic:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable. [Locked] |
the_great_ontex  Title: This is what cool looks like
Posts: 791
Registered: 2012-2-13 18:38:12
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Date Posted:
1/1/00 12:00am
Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable. |
I wish my 401k was up  I also have a traditional IRA and a Roth IRA both still in the negatives from last quarter
Saving is key! Early retirement is awesome! |
SoBaKi  Posts: 487
Registered: 2002-2-26 09:31:13
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Date Posted:
1/1/00 12:00am
Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable. |
the_great_ontex posted:
I wish my 401k was up I also have a traditional IRA and a Roth IRA both still in the negatives from last quarter
Saving is key! Early retirement is awesome!
In other words, you haven't been actively watching your 401k. YTD return for DJIA is 8.16%.
Hell, even the 5yr return is 7.61%.
-----signature-----
"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
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Rosaria Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
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Date Posted:
1/1/00 12:00am
Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable. |
AzureTyger posted:
Higher food prices = Thank you George Bush for subsidizing corn biofuel and driving up feed and grain product prices across the country!
Al Gore frequently boasted that it was his vote as VP that tipped the congressional scales in favor of ethanol.
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"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
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Date Posted:
1/1/00 12:00am
Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable. |
theredkay1 posted:
the labor participation rate has been falling for decades.
Or maybe it is a sign that the government is fudging numbers, and that a lot of jobs have gone underground to illegal alien invaders.
theredkay1 posted:
This is a sign of wealth.
What? The wealth gap has suddenly disappeared? ...
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theredkay1 Posts: 611
Registered: 2008-5-16 10:37:09
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Date Posted:
1/1/00 12:00am
Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable. |
Bjorvald posted:
Ashmaele posted:
Bjorvald posted:
We don't measure unemployment the same now as we did in the 30's or the 80's. You hide a lot of unemployment now. You can't compare the rates directly.
How is it different?
No time to look it up, but basically until the 80's we essentially used U6 as the unemployment rate. Now we use U3. Presto, millions of unemployed are now NOT unemployed. Magic.
Nobody actually measured this stuff in the 30's. It wasnt until the after WW2 that the gov't started collecting this information. Great Depression era numbers are entirely the work of researchers trying to estimate a number using limited information.
People frequently make the argument that the gov't is hiding unemployment. This is pretty obviously false since the U6 measurement exists and both measurements are pretty clearly described.
edit - the 80's did not use U6 as the official unemployment rate. The official rate in the 80's was basically the same as the calculation used now. Those not working divided by those actively seeking work. This is another one of those myths thats out there...
http://www.bls.gov/ore/pdf/ec090020.pdf
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cabbyman Posts: 441
Registered: 2003-1-6 07:48:53
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Date Posted:
1/1/00 12:00am
Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable. |
http://ca.news.yahoo.com/citi-ally-suntrust-metlife-fail-stress-tests-205649742.html
Citigroup was one of four large US banks that flunked stress tests aimed at seeing how they would hold up in a new economic crisis, Federal Reserve data showed Tuesday.
Three others -- Ally, Suntrust and MetLife -- also failed the tests, while 15 other large bank holding companies passed the exercise, the Fed said.
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“No man’s life, liberty, or property are safe while the Legislature is in session.â€
"Life's tough. It's tougher if you're stupid." -- John Wayne
“If there must be trouble, let it be in my day, that my child may have peace†- Thomas Paine
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Date Posted:
1/1/00 12:00am
Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable. |
AzureTyger posted:
Republicans posted:
It's a NIGHTMARE!!!!!!!!
Quick! Start a culture war!
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SoBaKi Posts: 487
Registered: 2002-2-26 09:31:13
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Date Posted:
1/1/00 12:00am
Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable. |
cabbyman posted:
http://ca.news.yahoo.com/citi-ally-suntrust-metlife-fail-stress-tests-205649742.html
Citigroup was one of four large US banks that flunked stress tests aimed at seeing how they would hold up in a new economic crisis, Federal Reserve data showed Tuesday.
Three others -- Ally, Suntrust and MetLife -- also failed the tests, while 15 other large bank holding companies passed the exercise, the Fed said.
So what's so funny? The other 15 are in great shape. Only 4 still have some work to do. Yet somehow, in that peabrain of yours, that is an indication the economy isn't doing better?
-----signature-----
"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
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Grymlo Posts: 415
Registered: 2002-4-30 05:51:06
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Date Posted:
1/1/00 12:00am
Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable. |
SoBaKi posted:
the_great_ontex posted:
I wish my 401k was up I also have a traditional IRA and a Roth IRA both still in the negatives from last quarter
Saving is key! Early retirement is awesome!
In other words, you haven't been actively watching your 401k. YTD return for DJIA is 8.16%.
Hell, even the 5yr return is 7.61%.
So what you are saying is private retirement accounts would do far better than our gubmint SS joke? 
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A Nation of Sheep Breeds a Government of Wolves!
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DemonicXH Title: Camelot Vault Staff
News Editor
Posts: 584
Registered: 2003-12-1 08:14:17
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Date Posted:
1/1/00 12:00am
Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable. |
Tych2 posted:
Gas prices are important to people that vote. I think it would be a mistake to discount that. The culture war is stupid. Thats not going to sway the middle, the people the decide elections. Unemployment is still very high. There are a lot of people still looking for work that want to work.
The republicans would easily walk into the WH if they didn't field such morons.
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