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People expect prices to come down and resent others making more money.
Economy Drumpfers feel bad about the economy even though the economy is extremely strong backed by data
- Thread starter Richmma80
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People expect prices to come down and resent others making more money.
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The question doesn't make sense. Things are more expensive because people are making and spending more money.
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Funny, me, nor my wife are making more money
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That's unfortunate, but most people are.
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Less than 6 weeks ago, Forbes estimated Trump's net worth as $7.5 billion.
Continuing the baseball narrative; it's more like Trump is a random MLB All-Star, bragging about being a Babe Ruth.
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jesus. i'd be shocked if actual hard assets of his go as high as a billion. he probably has a couple mil in cash and he borrows like crazy with real estate as collateral.
there's ZERO way he is worth 7 billion.
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Trump was born and raised in NYC. He was 23 years old when the Stonewall riots happened - in his home city.
He's worked in the media for almost 40 years. LGBTIQA+ people aren't exactly aliens to him.
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This is a fantastic question; just not for the reasons you think it is.
Let's say you had a business that sold buttons. Your first year in business you have a difficult time making sales, and you're forced to drop the price of your buttons from $4 to $2 to try and increase demand. You have to do this because people don't have the disposable income to be able to afford more expensive buttons.
A year later you find that so many people are buying your buttons that you can't keep up with demand, so you double the price of those buttons to $4, and they still sell just fine at that price point.
From your perspective as a business owner, which year's economy was better?
From the perspective of the buyer, which year's economy was better?
I'm not saying this correlates to the world economy over the last few years, but it's a simple hypothetical to demonstrate how "good economy" can mean different things to different people. Everything being cheap doesn't in and of itself mean the economy is doing well. When gas was $1.25 a gallon during the pandemic, that wasn't exactly a good indicator of a strong economy now, was it? No, it was an indicator of supply crashing.
It's a complex topic with a myriad of factors ranging from supply, demand, input costs, corporate profits, et cetera...
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Better explanation than most. Where can I find your buttons?
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Nor is anyone else.
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Jamie Dimon is right. The number of U.S. public companies is plummeting—and that’s bad news for the democratic component of the economy
Without taking the right measures to allow companies to grow and prosper in the public markets, America could lose its edge.
Jamie Dimon is right. The number of U.S. public companies is plummeting—and that’s bad news for the democratic component of the economy
Without taking the right measures to allow companies to grow and prosper in the public markets, America could lose its edge.
Jamie Dimon is right. The number of U.S. public companies is plummeting—and that’s bad news for the democratic component of the economy
The U.S. economy is the most powerful and formidable in the world—and lots can be done to improve it. While economists focus on inflation and interest rates and politicians consider options through the lens of an election year, there’s a worrying trend that needs reversing if we are to maintain U.S. dominance and continue enjoying the benefits of our economy: There are fewer public companies in the U.S. than ever before.
JPMorgan CEO Jamie Dimon raised this issue in his annual letter a couple of weeks ago. In the mid-1990s, there were nearly 8,000 public companies listed in the U.S. Today, there are half as many, and at the current rate, we’ll see that number halved again by 2044. “The total should have grown dramatically, not shrunk,” Dimon wrote.
This reduction has been staggering in speed and scale, and it must be addressed, so entrepreneurship and innovation can flourish. Exit opportunities are critical to the promise of American innovation, and neglecting them will be to our collective detriment. It’s not only changing private markets but it’s also bad for our economy at large. It’s high time we reopen our public markets and incentivize the sort of innovation on which our economy depends.
Several factors have precipitated this decline: mergers and acquisitions among public companies, increased regulatory hurdles and compliance costs, and the availability of more capital to allow companies to stay private for longer and avoid the pressure to deliver short-term results that comes with being public. The market is just not producing new listings quickly enough to keep pace—and it needs to make a stronger case for why companies should choose to go public instead of continuing along alternative paths.
The 2022 IPO market represented a 32-year low, and 2023 wasn’t any better (despite recent high-profile IPOs such as Ibotta, Reddit, and Astera Labs). But exit opportunities must exist. Young companies must build with the knowledge that public markets are open and promise lucrative returns. If that hope dims, the best and the brightest will turn their attention away from innovation. It’s worth noting that the EU is experiencing similar declines, while Asian exchanges are growing.
We need tools to help companies go public in the $1-to-5 billion range, which used to be common and is now all but impossible. Without proper measures, America’s reputation as the best region to do business and change the world through technology will be at risk.
There not as many public businesses and that is going to continue to shrink.
The comment section of that YouTube video is people saying how tone-deaf mainstream media is about the struggles regular people are having in this economy.
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Most people are, actually.
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I could have swore he was on the right. Was kind of confused over this thread
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Yes, I know, I see the graphs. It weird how everyone is poorer though. Must be that transitory inflation you were talking about a couple of years ago.
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Er, you just acknowledged that you saw the evidence that most people are not poorer. If you feel like you have to lie to make your point, that probably means your point is false.
You mean the inflation that went way up and then way down (what do you think "transitory" means?)?
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Such a bizarre take from Dimon.Jamie Dimon is right. The number of U.S. public companies is plummeting—and that’s bad news for the democratic component of the economy
Without taking the right measures to allow companies to grow and prosper in the public markets, America could lose its edge.fortune.com
Jamie Dimon is right. The number of U.S. public companies is plummeting—and that’s bad news for the democratic component of the economy
Without taking the right measures to allow companies to grow and prosper in the public markets, America could lose its edge.finance.yahoo.com
Jamie Dimon is right. The number of U.S. public companies is plummeting—and that’s bad news for the democratic component of the economy
The U.S. economy is the most powerful and formidable in the world—and lots can be done to improve it. While economists focus on inflation and interest rates and politicians consider options through the lens of an election year, there’s a worrying trend that needs reversing if we are to maintain U.S. dominance and continue enjoying the benefits of our economy: There are fewer public companies in the U.S. than ever before.
JPMorgan CEO Jamie Dimon raised this issue in his annual letter a couple of weeks ago. In the mid-1990s, there were nearly 8,000 public companies listed in the U.S. Today, there are half as many, and at the current rate, we’ll see that number halved again by 2044. “The total should have grown dramatically, not shrunk,” Dimon wrote.
This reduction has been staggering in speed and scale, and it must be addressed, so entrepreneurship and innovation can flourish. Exit opportunities are critical to the promise of American innovation, and neglecting them will be to our collective detriment. It’s not only changing private markets but it’s also bad for our economy at large. It’s high time we reopen our public markets and incentivize the sort of innovation on which our economy depends.
Several factors have precipitated this decline: mergers and acquisitions among public companies, increased regulatory hurdles and compliance costs, and the availability of more capital to allow companies to stay private for longer and avoid the pressure to deliver short-term results that comes with being public. The market is just not producing new listings quickly enough to keep pace—and it needs to make a stronger case for why companies should choose to go public instead of continuing along alternative paths.
The 2022 IPO market represented a 32-year low, and 2023 wasn’t any better (despite recent high-profile IPOs such as Ibotta, Reddit, and Astera Labs). But exit opportunities must exist. Young companies must build with the knowledge that public markets are open and promise lucrative returns. If that hope dims, the best and the brightest will turn their attention away from innovation. It’s worth noting that the EU is experiencing similar declines, while Asian exchanges are growing.
We need tools to help companies go public in the $1-to-5 billion range, which used to be common and is now all but impossible. Without proper measures, America’s reputation as the best region to do business and change the world through technology will be at risk.
There not as many public businesses and that is going to continue to shrink.
The comment section of that YouTube video is people saying how tone-deaf mainstream media is about the struggles regular people are having in this economy.
Tomorrow - "Local elephant poacher wonders where all the elephants have gone"
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