Originally Posted by
Meme In Command
Inflation and interest rates are the doing of Jerome Powell, not DT or JB. And I hope you're smart enough to know the president doesn't control oil prices, unless you're one of those mouth breathers slapping stickers at gas pumps.
And you tell me, your peeps were the ones screaming about egg prices, and then got conveniently quiet when they didn't magically drop overnight.
Just for a timeline clarification/data point, on 1/20/2025 the Dow closed at 43,487.83. The S&P 500 closed at 5996.66 and the Nasdaq closed at 19,630.20.
Fridays close: Dow 41,317.13. S&P 5686.67. Nasdaq 17,977.73. This is after what is being hailed as "The Longest Win Streak (for the S&P 500) in 20 Years". Hopefully this has provided a buying opportunity to average down. Nothing to brag about yet (imo).
S