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ck4829

(36,456 posts)

11. Time to stop talking about the stock market, I don't want to know how billionaires and oligarchs are doing

Fri Jan 10, 2025, 04:41 PM

Jan 10

How are evictions going, how are debt collectors doing, what about foreclosures, bankruptcies... the more of those, the more lucrative it is to be in the debt collection field or the payday loan business, then the worse the economy is.

The stock market won't tell me that.

If it's not hard out there for a debt collector or if the cops are slapping eviction notices on doors, then the economy is not in a good place.

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Highlight:

Stock market is down again... [View all] NEOH Jan 10 OP

A lot of hedge going on Johonny Jan 10 #1

We saw many companies raising prices without real cause before election Attilatheblond Jan 10 #2

What did Trump say yesterday, he may declare doc03 Jan 10 #3

My 401K dropped 2% since its peak in November Norbert Jan 10 #5

Today's dump is all about employment numbers coming in hot... WarGamer Jan 10 #4

trump is going to lean hard on Powell to reduce the Fed rate Norbert Jan 10 #7

High interest rates are the ultimate inflation. WarGamer Jan 10 #8

Employment figures. The Fed has little reason to drop interest rates. haele Jan 10 #6

I think Trump is trying to drive the market down doc03 Jan 10 #9

Closing Numbers NEOH Jan 10 #10

Time to stop talking about the stock market, I don't want to know how billionaires and oligarchs are doing ck4829 Jan 10 #11