A higher tax rate will stifle growth for the economy. Harris's polices will be disastrous for the economy without reducing the debt. Tax revenues soared when the tax rate was lowered. Then came all of the trillions sloshing through the economy. That has put us where we are now. A dollar 30% worth less than 5 years ago.
It's called inflation.
It's called inflation.
![](https://usnewsfile.moomoo.com/news-thumbnail/20240821/public/17242341381851266759674.jpeg)
Donald Perkins
commented on
Columns Here is the Summary of U.S. Q2 Earnings Season. Which Industries Are Showing Signs of Recession?
A statistical analysis of companies that have released their financial reports indicates that three industries are showing strong signs of expansion, which offset the signs of weakness in 19 other industries. This weakness is leading to outright deflation in some sectors, increasing the likelihood of layoffs.
■ Industries with potential for stronger economic activity: AI, defense, investment banking
1...
■ Industries with potential for stronger economic activity: AI, defense, investment banking
1...
![Here is the Summary of U.S. Q2 Earnings Season. Which Industries Are Showing Signs of Recession?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240819/e8b79031f50b4df2b19f2948d398ecb8.png?area=100&is_public=true/thumb)
![Here is the Summary of U.S. Q2 Earnings Season. Which Industries Are Showing Signs of Recession?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240819/d4ee24cba5564b328c78058044371a25.png?area=100&is_public=true/thumb)
![Here is the Summary of U.S. Q2 Earnings Season. Which Industries Are Showing Signs of Recession?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240819/2c4d282084d9455d9f1fba45b0a22337.png?area=100&is_public=true/thumb)
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Donald Perkins
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On Wednesday, the nonfarm payroll benchmark will undergo its annual revision, and the market expects a significant downward revision of 500,000 to 1 million jobs, which raises questions about the strength of the jobs market just ahead of Jackson Hole central bank's meeting this week.
1. Why does the nonfarm payroll benchmark need revision?
The usual monthly nonfarm payroll figures are based on sample surveys...
1. Why does the nonfarm payroll benchmark need revision?
The usual monthly nonfarm payroll figures are based on sample surveys...
![The Nonfarm Payroll Benchmark Is Set to Undergo an Annual Revision. What Are the Impacts?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240821/1aba8d3920c64b40a8c04f2d610cf5fd.png?area=100&is_public=true/thumb)
![The Nonfarm Payroll Benchmark Is Set to Undergo an Annual Revision. What Are the Impacts?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240821/ce93cfb2f0af410ca7b5f812a7b676fb.png?area=100&is_public=true/thumb)
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Donald Perkins
commented on
Since the beginning of June, Bitcoin seems to be stumbling. Bitcoin's price remains on a downward trajectory, having declined by 17% over the past month to reach its lowest level since February 2024. Although the cryptocurrency has experienced a modest rebound of 1.33% in the last five days, this slight recovery is insufficient to counterbalance the significant losses incurred in recent weeks.
Demand has peaked, leading to an overabundance, a...
Demand has peaked, leading to an overabundance, a...
![Bitcoin's Post-Halving Dip: Is Now a Good Time to Buy?](https://ussnsimg.moomoo.com/sns_client_feed/71445112/20240711/9b3fed62c2954a0f940c6cac13e3d026.jpg?area=100&is_public=true)
![Bitcoin's Post-Halving Dip: Is Now a Good Time to Buy?](https://ussnsimg.moomoo.com/sns_client_feed/71445112/20240711/627dff202cc64628b7c8cf6832b55061.png?area=100&is_public=true/thumb)
![Bitcoin's Post-Halving Dip: Is Now a Good Time to Buy?](https://ussnsimg.moomoo.com/sns_client_feed/71445112/20240711/1720696609608-e9fea23119.jpeg/thumb?area=100&is_public=true)
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When regular Americans are too broke to by the goods produced, then the stocks are overvalued.
@74142650:Everyone with their opinion. Fluctuation is a normal part of investing. No one can predict the market. If war breaks out tomorrow and the market crashes, no one would have known that a war would cause a market crash overnight.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000003007f564657fff.jpg)
I love the denial of the broke consumers. Stocks just keep pushing, and the dumb people will lose their azzes.
Donald Perkins
commented on
U.S. stocks have posted an impressive election-year rally so far in 2024. The $S&P 500 Index (.SPX.US)$ is on pace for its best first-half performance during an election year since 1976, as well as the second-best performance in an election year in its history, according to Dow Jones Market Data.
But investors question whether that rally will continue in the second half of this year. Bank of America cautione...
But investors question whether that rally will continue in the second half of this year. Bank of America cautione...
![Stocks Are Having Their Best Election Year Since 1976: Can the Second-Half Rally Continue?](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240703/f872ee457e0249859dd8df50263ea4a3.png/thumb?area=100&is_public=true)
![Stocks Are Having Their Best Election Year Since 1976: Can the Second-Half Rally Continue?](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240703/026791cb09f14f5ebdfd14144ea317fd.png/thumb?area=100&is_public=true)
![Stocks Are Having Their Best Election Year Since 1976: Can the Second-Half Rally Continue?](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240703/ffa82cb89e3a47cda02ed9bc02543355.png/thumb?area=100&is_public=true)
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Who believes the numbers that this administration provides? They have revised the numbers down every month when no one is looking. There is a stark difference between reality and government numbers.
Donald Perkins
commented on
The aggregate $S&P 500 Index (.SPX.US)$ has returned 15% since the start of the year, closing at 5487.03 on Tuesday. Supported by tech stocks, Wall Street Institutions have raised their S&P 500 year-end targets, with the highest reaching up to 6,000.
Goldman Sachs lifted its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200, while Evercore ISI raised its forecast for the benchmark index to 6,000 from 4,750. Bo...
Goldman Sachs lifted its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200, while Evercore ISI raised its forecast for the benchmark index to 6,000 from 4,750. Bo...
![US Stocks Surge, But Strategists Warn "Crack on the Ice" In the Tech Sector](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240620/ed13ff58065b45a1bc75e5289a9fafc6.png/thumb?area=100&is_public=true)
![US Stocks Surge, But Strategists Warn "Crack on the Ice" In the Tech Sector](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240620/b4e4c139cffe44f29c56e28a99c3c95d.png/thumb?area=100&is_public=true)
![US Stocks Surge, But Strategists Warn "Crack on the Ice" In the Tech Sector](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240620/24107b98d8c141f195d764c0c107bd3a.png/thumb?area=100&is_public=true)
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