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Markets January 20, 2021

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  • Markets January 20, 2021

    Let's Go Brandon

    Dow - 31,186 now 30,111

    NASDAQ - 13,461 now 11,052

    S&P 500 - 3,851 now 3.761

    Inflation - 1.4% now 8.3%

    Party on Garth
    If it pays, it stays

  • #2
    Fed Fund Rate January 2021 - 0.25%, Fed Fund Rate now - 3.25%
    If it pays, it stays


    • #3
      30 year fixed rate mortgage in January 2021 - 2.25%, Now 6.25%
      If it pays, it stays


      • #4
        Bitcoin January 2021 33,053, now 19,226
        If it pays, it stays


        • #5
          Ounce of gold, Jan. 20, 2021 - $1708.64.

          Today $1682.20 (up $6.50 from yesterday)
          • "Florida is where Woke goes to die." — Ron DeSantis.
          • "We must make sure we don’t give platforms to those lying to our faces." — Brian Stelter, leading by example.
          • “I have absolutely no intention of the Democrats not winning the House in November." — Nancy Pelosi, explaining power.
          • "Don't underestimate Joe's ability to fuck things up."— Barack Obama's 1st Rule of Joe Biden.
          • "Put aside all of these issues of concern about liberties and personal liberties and realize we have a common enemy and that common enemy is the virus." — Dr. Anthony Fauci, misquoting Pogo.
          • "The way I see it, there's always, c'mon, there's always money. It's there." — Elizabeth Warren, explaining socialism.
          • "The interesting thing about the Green New Deal is it wasn't originally a climate thing at all.... We really think of it as a how-do-you-change-the-entire-economy thing." — Saikat Chakrabarti, then AOC's Chief of Staff.
          • "We have to stop demonizing people and realize the biggest terror threat in this country is white men, most of them radicalized to the right, and we have to start doing something about them." — CNN's Don Lemon, showing how to stop demonizing people.


          • #6
            As I write this...
            Dow -443.02 29638.71
            S&P -66.32 3691.67
            Nasdaq -183.81 10833.00

            Good work, Joe!!!
            We are so fucked.


            • #7
              The average American has lost more than $4,000 in annual income since President Biden took office due to soaring inflation and higher interest rates thus wiping out income gains under the previous administration, according to data compiled by the Heritage Foundation.

              Experts at the conservative think tank analyzed consumer prices data and the Federal Reserve’s interest rates and found in a Friday report that Americans have lost the equivalent of $4,200 of income per capita since January 20, 2021.

              Consumer prices have risen 12.7% since January 2021, much faster than wages, which Heritage analysts say has cost the average American worker $3,000 in annual purchasing power.
              If it pays, it stays


              • #8

                If it pays, it stays