US stocks close at a record high as Omicron fears abate

[visual]

.... Nope ... it cant ....

[edienom]

*Senator:* "but if you don't sell a product, then how do you make money!?!?!?"  *Bogdanoff:* "Senator......we pull rugs"

[flugelhorn]

I hope everything crashes and burns so i can start buying out.

[guffaw]

Lol just because Jpow said it's not transitory, doesn't mean all inflationary pressure isn't transitory... Transitory supply chain related inflation is going to recede to natural levels.

[cloakedassassin4]

The world governments created this problem using covid as an excuse.

[Delta3DHD]

modick-head needs to find a way to fund s health sector so that his citizens don't run out of oxygen like last time. he should also fund isro so 's lander stops crashing for once.

[earc]

The end of the dollar could be near. Too much chaos going on in the world, and there's no telling what we're going to experience in this new year coming up.

[kotoole99]

Yes. In America, yes.

[tyf]

When Russia invades Ukrainia on Christmas Eve that will be interesting.

[mster]

The government has been closing up big chunks of the economy for 2 years and trying to stop it from collapsing by printing money.  A 10 year old can understand that creating shortages of goods and printing money like Venezuela will lead to the value of money relative to everything else going down.  Like every other spike of inflation, the beneficiaries will be those able to invest their cash correctly while people at the bottom will just become more poor.  Somehow certain media sources are trying to push the idea that this inflation is actually a benefit to people in the lower tax brackets.  I really don't understand why anyone still follows anything the media tries to feed them.  The current 'crisis' isn't a surprise to anyone with a rudimentary understanding of supply and demand.

[BrotherGunns]

If Jim Cramer thinks inflation is transitory, we are DEFINTELY in trouble!

[algolagnia]

Why do we allow a 3rd party (CFTC) to manipulate crypto prices!!?? Do you know why crypto was invented? Here's a brief understanding if you don't know__It was launched in 2009 by someone (or a group of people) that goes by the pseudonym Satoshi Nakamoto. It was created in the wake of the 2008 global financial crisis as a way for people to control their money themselves, without having to rely on companies, banks, or governments and their fees and controls-NOW ITS TAXED!

[sammycraft]

If they stop printing money it can be stopped

[keeperman159]

The government can do nothing oil is attached to everything and we use 840 million. Gal every day just in the united states. Another 80 million barrel of oil in the rest of the world and we are running OUT

[amon]

commerce educated) opinion, the most bubbly thing right now? S&P 500.OK I hate how their definition of a bubble is super unclear. Tulips were also a "thing", like lumber, and in 1600s Netherlands that was the DEFINITION of a bubble. So I'm going to take a stab at this definition - Supply chain causing shortage is not a buf, bubbles exist on a scale. In my (not economicallybble, because demand has not gone up due to speculation. Seriously, who's going to speculate on lumber? Maybe a few individuals, but speculation itself is difficult to do, and everyone believed prices will come down. Housing right now is more of a bubble, because demand has gone up due to the pandemic, it's drawing investors, and creating a cycle of inflating prices. But Odyssey guy is right, there is a supply issue too. Prices going us is not a bubble, speculation and investors over-stretching due to FOMO creates a bubble. It's also not a boolean t