S&P 500 posts 70th record close, Dow rises for sixth straight day

[xiuko]

The inflation, Afghanistan, forever Covid, supply chain issues, Ukraine, Iran again enriching uranium and more are attributable to the global chaos Trump unleashed.

[leapordnight]

{Revelation 6:5-6} 5   And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.  6   And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.

[kieran110498]

YES....FIRE BIDEN.

[coggins]

Inflation is a product of labor and pay checks not spending by the Fed and business Republicans would like to increase the labor shortage by keeping the Mexican labor their donors are bring in out of the country. The shortage probably comes because people in their 60s and 70s used the pandemic to retire. And labor shortages may not mean everyone is employed, rural people who won't go to a job are not going to be employed. The last 10 or 20% of employment are people with similar problems, some failed to be motivated and reliable maybe before high school, others say I don't want to work at Walmart or Amazon, and other personal issues that lead to a life of mostly unemployment.

[manateemanatee]

Respectfully disagree to Liz Young.

[dipper]

Lol why Bitcoin and Tesla? Why not the entire US economy? Selection bias... Idgaf about your 1970s investor sentiment...

[unpeople]

7."Can inflation be stopped???"  This is the kind of insane liberal logic that permeates newsrooms and seeps into the brain of low information minds.  As if it is some unstoppable virus spread from a crashing meteor and not the fault of morons who keep the  money printing machines on 24

[srgorter]

#Bitcoin

[GinjaNinja983]

cut your credit cards, stop using your stupid phone and these guys will wither....we are run by criminals and biden is a criminal, just like all these presidents are.  and it will continue.  Ignorance is not bliss.

[futures]

More than a paralegal in India, there is much better NLP and AI tools available to a lawyer now. I collaborated briefly with a CEO of a law tech startup who had degrees in law and CS, and people are developing much better search engines for lawyers. This doesnt mean no paralegals but it means when a paralegal retires or leaves the company, you may not need a replacement. A paralegal itself can do jobs of 2-3 paralegals because searching for relevant things are much easier than looking up physical books.   The AI is not perfect but just like with vaccines where it can help focus on some candidate vaccines instead of whole gamut, a legal ML tool will easily go over the the stuff.   The point is people often blame job loss due to job migration but jobs are reducing primarily because there is a revolution of tech. People dont understand that the AI revolution is as big as the industrial revolution.   She is right people may need grad degrees in some fields. In others, if you are a smart coder in high school, you may not even need a degree. Again for most people, college is useful especially in future. But if someone is exceptionally motivated to learn on their own, they can probably manage without one - I.e. in the right field.

[crunchydegree26]

Economy....people out here doin bad

[suziesuzuki]

Oh, I thought we were being told that inflation is a good thing now?

[mearling]

At least Sherman called out con-base ha ha.

[danielsarjomaa]

No.

[RattenKebab]

One thing is clear, California politicians are a mess and embarrassment.